HighTower Advisors LLC Sells 505 Shares of Pacer Lunt Large Cap Alternator ETF $ALTL

HighTower Advisors LLC lessened its stake in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 5.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,290 shares of the company’s stock after selling 505 shares during the quarter. HighTower Advisors LLC owned approximately 0.22% of Pacer Lunt Large Cap Alternator ETF worth $289,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. White Knight Strategic Wealth Advisors LLC bought a new stake in shares of Pacer Lunt Large Cap Alternator ETF in the 4th quarter worth approximately $234,000. Foundations Investment Advisors LLC bought a new stake in shares of Pacer Lunt Large Cap Alternator ETF in the 1st quarter worth approximately $616,000. Avantax Advisory Services Inc. raised its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 23.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 29,940 shares of the company’s stock worth $1,042,000 after purchasing an additional 5,592 shares during the period. Silver Oak Securities Incorporated raised its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 11.3% in the 1st quarter. Silver Oak Securities Incorporated now owns 71,057 shares of the company’s stock worth $2,442,000 after purchasing an additional 7,242 shares during the period. Finally, Lunt Capital Management Inc. raised its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 6.3% in the 1st quarter. Lunt Capital Management Inc. now owns 226,183 shares of the company’s stock worth $7,874,000 after purchasing an additional 13,431 shares during the period.

Pacer Lunt Large Cap Alternator ETF Trading Down 1.0%

NYSEARCA:ALTL opened at $40.09 on Wednesday. The stock has a market capitalization of $118.27 million, a PE ratio of 21.07 and a beta of 0.91. The firm’s 50 day moving average is $39.39 and its 200 day moving average is $36.25. Pacer Lunt Large Cap Alternator ETF has a 12 month low of $31.30 and a 12 month high of $41.09.

Pacer Lunt Large Cap Alternator ETF Profile

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.