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PTNQ tracks the NASDAQ-100 with a trend-following strategy, dynamically adjusting exposure between equities and cash equivalents.
Geneos Wealth Management Inc. raised its stake in shares of Pacer Trendpilot 100 ETF (NASDAQ: PTNQ) by 42.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,469 shares of the company's stock after purchasing an additional 54,682 shares
Sold 168,871 shares, reducing position value by $11.74 million Transaction represented 4.4% of 13F AUM Post-trade holding: 50,782 shares valued at $3.94 million Position now 1.4% of fund AUM, down from 6.0% in the previous quarter
Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD - Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 25,500 shares, an increase of 61.4% from the September 30th total of 15,800 shares. Approximately 0.4% of the shares of the
PTNQ is an equities ETF tracking the Pacer NASDAQ-100 Trendpilot Index with trend-following strategies using technical analysis. The ETF works best in traditional bear markets, automatically switching to cash to reduce drawdowns, but struggles in vertical market moves. Passive investors seeking Nasdaq exposure with reduced drawdowns and risk-averse investors may benefit from using PTNQ in their portfolios.
The Pacer Trendpilot 100 ETF aims to provide investors with long exposure to the Nasdaq 100 during rising markets while avoiding market downturns. PTNQ has significantly underperformed the Nasdaq 100 since its inception in 2015 but has shown relative strength during the 2022 bear market and the recent stock market sell-off. While PTNQ offers downside protection, its significant underperformance over the long term makes it an expensive risk mitigation tool.
Pacer Trendpilot™ 100 ETF has generated a low yield but a strong annual average total return over the long run. It has a high AUM and is trading at a marginal discount. The core portfolio of software services stocks and semiconductor stocks also had a strong price performance both over the short run and over the long run.
Pacer Trendpilot 100 ETF, or PTNQ, is based on a great risk-management concept. But it has a fatal flaw in its execution. The ETF is a hedged version of the Nasdaq 100 Index, and uses the 200-Day Simple Moving Average of that index to shift into defense mode when markets get rough.