Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Trading 0.4% Higher – What’s Next?

Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) shares rose 0.4% during mid-day trading on Tuesday . The company traded as high as $44.16 and last traded at $44.06. Approximately 9,921 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 11,825 shares. The stock had previously closed at $43.87.

Pacer Lunt Large Cap Alternator ETF Trading Up 0.4%

The stock has a fifty day moving average of $43.32 and a two-hundred day moving average of $42.20. The company has a market capitalization of $96.93 million, a PE ratio of 21.07 and a beta of 0.98.

Institutional Investors Weigh In On Pacer Lunt Large Cap Alternator ETF

A number of hedge funds have recently made changes to their positions in the business. IFP Advisors Inc grew its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 14.4% during the 3rd quarter. IFP Advisors Inc now owns 1,984 shares of the company’s stock valued at $84,000 after purchasing an additional 250 shares during the last quarter. Maridea Wealth Management LLC purchased a new stake in Pacer Lunt Large Cap Alternator ETF during the third quarter valued at about $201,000. PFG Advisors grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 10.7% during the second quarter. PFG Advisors now owns 20,842 shares of the company’s stock valued at $785,000 after buying an additional 2,017 shares during the last quarter. GeoWealth Management LLC increased its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 6.6% in the second quarter. GeoWealth Management LLC now owns 24,452 shares of the company’s stock worth $921,000 after buying an additional 1,521 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Pacer Lunt Large Cap Alternator ETF by 27.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 30,749 shares of the company’s stock valued at $1,306,000 after acquiring an additional 6,667 shares during the last quarter.

Pacer Lunt Large Cap Alternator ETF Company 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.