Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Sees Large Volume Increase – What’s Next?

Posted by Alanna Baker on Jan 9th, 2025

Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 64,687 shares changed hands during mid-day trading, an increase of 27% from the previous session’s volume of 51,005 shares.The stock last traded at $74.74 and had previously closed at $75.26.

Pacer Trendpilot 100 ETF Price Performance

The company has a market cap of $1.36 billion, a P/E ratio of 35.78 and a beta of 0.68. The company’s 50-day moving average price is $75.40 and its 200-day moving average price is $73.32.

Pacer Trendpilot 100 ETF Announces Dividend

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

Institutional Investors Weigh In On Pacer Trendpilot 100 ETF

A number of large investors have recently added to or reduced their stakes in PTNQ. Assetmark Inc. bought a new position in shares of Pacer Trendpilot 100 ETF in the third quarter worth about $31,000. JPMorgan Chase & Co. lifted its stake in shares of Pacer Trendpilot 100 ETF by 259.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,429 shares of the company’s stock valued at $105,000 after acquiring an additional 1,032 shares during the last quarter. NBC Securities Inc. increased its holdings in Pacer Trendpilot 100 ETF by 17.2% in the 3rd quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock worth $180,000 after purchasing an additional 363 shares in the last quarter. Tyche Wealth Partners LLC bought a new position in Pacer Trendpilot 100 ETF in the third quarter valued at about $202,000. Finally, IAM Advisory LLC bought a new stake in shares of Pacer Trendpilot 100 ETF during the third quarter worth about $248,000.

Pacer Trendpilot 100 ETF Company Profile

(Get Free Report)

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.