Jane Street Group LLC Expands Its Holdings in Pacer Trendpilot 100 ETF

Jane Street Group LLC has significantly boosted its stake in the Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 54.5% during the third quarter. This increase, reported in the firm's recent Form 13F filing with the Securities and Exchange Commission, resulted in the firm owning 6,681 shares after purchasing an additional 2,358 shares during the quarter. As of the latest filing, Jane Street Group LLC's investment in the Pacer Trendpilot 100 ETF was valued at approximately $490,000.

Moreover, several other institutional investors have recently adjusted their positions in PTNQ. LPL Financial LLC grew its holdings by 3.1% in the second quarter, now holding 1,274,134 shares worth about $91.85 million after acquiring an additional 38,671 shares. CoreCap Advisors LLC established a new position in PTNQ during that same quarter, valued at approximately $2.068 million. Additionally, Prospera Financial Services Inc increased its stake by 42.5% in the third quarter, amassing 51,499 shares with a value of about $3.77 million after adding 15,369 shares.

Ameritas Advisory Services LLC also enhanced its investment by 29.6% in the third quarter, increasing its share count to 39,918, valued at approximately $2.93 million after obtaining 9,110 more shares.

Pacer Trendpilot 100 ETF Performance Overview

As for the stock performance, shares of PTNQ opened at $75.26. The ETF has seen a one-year low of $64.38 and a one-year high of $77.83. The 50-day moving average price sits at $75.36, while the 200-day moving average price is at $73.28. The ETF boasts a market capitalization of $1.38 billion, a price-to-earnings (P/E) ratio of 35.78, and a beta of 0.68, suggesting lower volatility compared to the market.

Pacer Trendpilot 100 ETF Dividend Announcement

In addition to its performance metrics, Pacer Trendpilot 100 ETF recently announced a dividend distribution, paid on January 2nd. Shareholders who were on record as of December 27th received a dividend payment of $1.4487 per share, with the ex-dividend date coinciding with the same day.

About the Pacer Trendpilot 100 ETF

The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that seeks to provide exposure to stocks in the NASDAQ-100 Index. This ETF adapts its holdings based on market momentum by either holding NASDAQ-100 securities or three-month U.S. Treasury Bills. The fund was launched on June 11, 2015, and is managed by Pacer Financial.

Jane, Street, Pacer, Trendpilot, ETF