Brookstone Capital Management Raises Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

Brookstone Capital Management increased its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 1,078.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 165,103 shares of the company’s stock after buying an additional 151,090 shares during the period. Brookstone Capital Management owned 0.91% of Pacer Trendpilot 100 ETF worth $12,221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. MML Investors Services LLC lifted its stake in Pacer Trendpilot 100 ETF by 0.5% during the third quarter. MML Investors Services LLC now owns 39,392 shares of the company’s stock worth $2,889,000 after purchasing an additional 195 shares during the last quarter. Financial Services Advisory Inc lifted its stake in Pacer Trendpilot 100 ETF by 1.0% during the third quarter. Financial Services Advisory Inc now owns 23,219 shares of the company’s stock worth $1,703,000 after purchasing an additional 233 shares during the last quarter. Trustmark National Bank Trust Department lifted its stake in Pacer Trendpilot 100 ETF by 5.2% during the third quarter. Trustmark National Bank Trust Department now owns 4,818 shares of the company’s stock worth $353,000 after purchasing an additional 240 shares during the last quarter. Harbour Investments Inc. lifted its stake in Pacer Trendpilot 100 ETF by 2.3% during the third quarter. Harbour Investments Inc. now owns 12,075 shares of the company’s stock worth $885,000 after purchasing an additional 277 shares during the last quarter. Finally, NBC Securities Inc. lifted its stake in Pacer Trendpilot 100 ETF by 17.2% during the third quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock worth $180,000 after purchasing an additional 363 shares during the last quarter.

Pacer Trendpilot 100 ETF Stock Down 0.3 %

Shares of PTNQ stock opened at $73.64 on Tuesday. The business has a 50-day moving average price of $75.44 and a two-hundred day moving average price of $73.38. Pacer Trendpilot 100 ETF has a 12-month low of $64.89 and a 12-month high of $77.83. The firm has a market cap of $1.34 billion, a P/E ratio of 35.78 and a beta of 0.68.

Pacer Trendpilot 100 ETF Announces Dividend

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

About Pacer Trendpilot 100 ETF

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.