Pacer Trendpilot 100 ETFPTNQ

The Pacer Trendpilot 100 ETF (PTNQ) ended July 25, 2026, with a 0.3% gain, tracking its benchmark index’s flatline performance as markets awaited Federal Reserve policy signals. The fund, which toggles between equities and cash based on a 200-business-day moving average rule, currently holds 100% in the NASDAQ-100® Index and charges a 0.55% annual fee. Despite its 'trend-following' marketing, PTNQ’s methodology is mechanical: it shifts to cash only when the index closes below its moving average for 20 consecutive days, a trigger not activated since late 2025. (source: Pacer Trendpilot 100 ETF, https://www.paceretfs.com/products/ptnq)

PTNQ’s top holdings mirror the NASDAQ-100’s tech-heavy composition, with Apple (8.2%), Microsoft (7.1%), and Amazon (5.9%) dominating the basket. This concentration reflects the index’s rules, not active management, though Pacer’s marketing implies a more dynamic process. The fund’s $1.2 billion in assets under management (AUM) and average daily volume of 300,000 shares suggest moderate liquidity, though its 0.55% fee ranks above the 0.30% average for large-cap blend ETFs. (source: Nasdaq, https://www.nasdaq.com/market-activity/etf/ptnq)

Pacer’s SEC filings disclose no material changes to PTNQ’s strategy or holdings in Q2 2026. The fund’s prospectus emphasizes its 'rules-based approach' but notes that the Trendpilot methodology may lag in volatile markets, as it reacts to long-term trends rather than short-term swings. FINRA’s Fund Analyzer highlights PTNQ’s three-year volatility of 18.2%, slightly below the 20.0% average for its category. (source: SEC EDGAR, https://www.sec.gov/edgar/search/#/q=PTNQ)

Technical indicators show PTNQ trading 2.1% below its 52-week high of $75.60, with support levels at $73.50 and $72.00. The fund’s 200-day moving average currently sits at $72.80, serving as a critical threshold for its automated allocation rule. A sustained drop below this level would trigger a partial shift to cash, though such a move has historically occurred only during prolonged downturns. (source: FINRA Fund Analyzer, https://tools.finra.org/fund_analyzer/)