Gimbal Financial Acquires 545 Shares of Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Gimbal Financial lifted its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,105 shares of the company’s stock after acquiring an additional 545 shares during the period. Pacer Trendpilot 100 ETF accounts for approximately 2.9% of Gimbal Financial’s holdings, making the stock its 11th biggest holding. Gimbal Financial’s holdings in Pacer Trendpilot 100 ETF were worth $3,561,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. bought a new stake in Pacer Trendpilot 100 ETF in the third quarter worth about $31,000. Kestra Investment Management LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth about $38,000. JPMorgan Chase & Co. lifted its stake in Pacer Trendpilot 100 ETF by 259.9% in the third quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock worth $105,000 after purchasing an additional 1,032 shares during the last quarter. Tyche Wealth Partners LLC bought a new stake in Pacer Trendpilot 100 ETF in the third quarter worth about $202,000. Finally, Sanctuary Advisors LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter worth about $229,000.

Pacer Trendpilot 100 ETF Price Performance

Shares of NASDAQ PTNQ opened at $76.61 on Wednesday. The company has a market cap of $1.38 billion, a P/E ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 1 year low of $66.14 and a 1 year high of $77.83. The firm has a 50-day simple moving average of $75.50 and a two-hundred day simple moving average of $73.91.

Pacer Trendpilot 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 27th were paid a $1.4487 dividend. The ex-dividend date of this dividend was Friday, December 27th.

Pacer Trendpilot 100 ETF Profile

The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.