First Allied Advisory Services Inc. Invests $335,000 in Pacer Trendpilot 100 ETF (BATS:PTNQ)

First Allied Advisory Services Inc. acquired a new stake in Pacer Trendpilot 100 ETF (BATS:PTNQ) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,434 shares of the company’s stock, valued at approximately $335,000.

A number of other hedge funds have also added to or reduced their stakes in PTNQ. Wells Fargo & Company MN increased its holdings in shares of Pacer Trendpilot 100 ETF by 16.6% during the 2nd quarter. Wells Fargo & Company MN now owns 959,699 shares of the company’s stock worth $34,102,000 after buying an additional 136,882 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Pacer Trendpilot 100 ETF by 4.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 751,342 shares of the company’s stock worth $25,613,000 after buying an additional 34,950 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Pacer Trendpilot 100 ETF by 23.9% during the 2nd quarter. LPL Financial LLC now owns 566,012 shares of the company’s stock worth $20,113,000 after buying an additional 109,170 shares during the last quarter. Stephens Inc. AR increased its holdings in shares of Pacer Trendpilot 100 ETF by 16.1% during the 2nd quarter. Stephens Inc. AR now owns 199,044 shares of the company’s stock worth $7,073,000 after buying an additional 27,649 shares during the last quarter. Finally, Advisor Group Inc. increased its holdings in shares of Pacer Trendpilot 100 ETF by 22.4% during the 1st quarter. Advisor Group Inc. now owns 133,158 shares of the company’s stock worth $4,539,000 after buying an additional 24,406 shares during the last quarter.

Shares of BATS PTNQ opened at $35.65 on Friday. The company has a 50 day simple moving average of $35.79 and a 200-day simple moving average of $35.31. Pacer Trendpilot 100 ETF has a 1 year low of $25.04 and a 1 year high of $33.90.

Further Reading: Understanding Compound Annual Growth Rate (CAGR)

Institutional Ownership by Quarter for Pacer Trendpilot 100 ETF (BATS:PTNQ)

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