Ameriprise Financial Inc. Sells 230,609 Shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

Ameriprise Financial Inc. trimmed its holdings in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 50.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 225,414 shares of the company’s stock after selling 230,609 shares during the period. Ameriprise Financial Inc. owned 2.97% of Pacer Lunt Large Cap Alternator ETF worth $8,379,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ALTL. Avantax Advisory Services Inc. lifted its holdings in Pacer Lunt Large Cap Alternator ETF by 3.6% during the 4th quarter. Avantax Advisory Services Inc. now owns 24,348 shares of the company’s stock worth $905,000 after purchasing an additional 845 shares during the last quarter. CreativeOne Wealth LLC increased its stake in shares of Pacer Lunt Large Cap Alternator ETF by 10.0% in the 4th quarter. CreativeOne Wealth LLC now owns 22,296 shares of the company’s stock valued at $829,000 after purchasing an additional 2,035 shares during the last quarter. Ergawealth Advisors Inc. increased its stake in shares of Pacer Lunt Large Cap Alternator ETF by 1.8% in the 4th quarter. Ergawealth Advisors Inc. now owns 240,844 shares of the company’s stock valued at $8,952,000 after purchasing an additional 4,152 shares during the last quarter. Silver Oak Securities Incorporated increased its stake in shares of Pacer Lunt Large Cap Alternator ETF by 16.6% in the 4th quarter. Silver Oak Securities Incorporated now owns 63,815 shares of the company’s stock valued at $2,366,000 after purchasing an additional 9,095 shares during the last quarter. Finally, Two Sigma Securities LLC bought a new stake in Pacer Lunt Large Cap Alternator ETF during the 4th quarter worth $404,000.

Pacer Lunt Large Cap Alternator ETF Stock Down 0.1%

Shares of ALTL stock opened at $34.47 on Wednesday. The firm has a market capitalization of $130.99 million, a P/E ratio of 24.00 and a beta of 0.94. Pacer Lunt Large Cap Alternator ETF has a twelve month low of $31.30 and a twelve month high of $40.01. The stock’s fifty day simple moving average is $33.74 and its 200 day simple moving average is $36.46.

About Pacer Lunt Large Cap Alternator ETF

The Pacer Lunt Large Cap Alternator ETF (ALTL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that alternates exposure between low volatility and high-beta US stocks, weighted by momentum. ALTL was launched on Jun 24, 2020 and is managed by Pacer.