Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Position Lowered by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. decreased its holdings in shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 31.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,843 shares of the company’s stock after selling 4,539 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.13% of Pacer Lunt Large Cap Alternator ETF worth $366,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Two Sigma Securities LLC acquired a new stake in Pacer Lunt Large Cap Alternator ETF during the fourth quarter worth about $404,000. CreativeOne Wealth LLC raised its stake in Pacer Lunt Large Cap Alternator ETF by 10.0% during the fourth quarter. CreativeOne Wealth LLC now owns 22,296 shares of the company’s stock worth $829,000 after acquiring an additional 2,035 shares during the period. Avantax Advisory Services Inc. raised its stake in Pacer Lunt Large Cap Alternator ETF by 3.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 24,348 shares of the company’s stock worth $905,000 after acquiring an additional 845 shares during the period. Silver Oak Securities Incorporated raised its stake in Pacer Lunt Large Cap Alternator ETF by 16.6% during the fourth quarter. Silver Oak Securities Incorporated now owns 63,815 shares of the company’s stock worth $2,366,000 after acquiring an additional 9,095 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Pacer Lunt Large Cap Alternator ETF during the fourth quarter worth about $6,677,000.

Pacer Lunt Large Cap Alternator ETF Trading Up 0.1%

Shares of NYSEARCA:ALTL opened at $33.86 on Tuesday. The firm’s 50 day moving average is $33.73 and its two-hundred day moving average is $36.32. Pacer Lunt Large Cap Alternator ETF has a 52 week low of $31.30 and a 52 week high of $40.01. The firm has a market capitalization of $128.67 million, a P/E ratio of 24.00 and a beta of 0.94.

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.