Ergawealth Advisors Inc. Decreases Stock Position in Pacer Lunt Large Cap Alternator ETF $ALTL

Ergawealth Advisors Inc. lowered its stake in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 89.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,393 shares of the company’s stock after selling 117,761 shares during the period. Pacer Lunt Large Cap Alternator ETF makes up approximately 0.3% of Ergawealth Advisors Inc.’s holdings, making the stock its 29th largest holding. Ergawealth Advisors Inc. owned about 0.61% of Pacer Lunt Large Cap Alternator ETF worth $575,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. IFP Advisors Inc increased its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 14.4% in the third quarter. IFP Advisors Inc now owns 1,984 shares of the company’s stock worth $84,000 after buying an additional 250 shares during the period. Citadel Advisors LLC increased its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 53.7% in the third quarter. Citadel Advisors LLC now owns 31,861 shares of the company’s stock worth $1,353,000 after buying an additional 11,134 shares during the period. PFG Advisors increased its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 7.8% in the third quarter. PFG Advisors now owns 22,468 shares of the company’s stock worth $954,000 after buying an additional 1,626 shares during the period. Maridea Wealth Management LLC purchased a new position in shares of Pacer Lunt Large Cap Alternator ETF in the third quarter worth about $201,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 27.7% in the third quarter. Envestnet Asset Management Inc. now owns 30,749 shares of the company’s stock worth $1,306,000 after buying an additional 6,667 shares during the period.

Pacer Lunt Large Cap Alternator ETF Price Performance

Shares of NYSEARCA:ALTL opened at $44.76 on Thursday. Pacer Lunt Large Cap Alternator ETF has a 1 year low of $31.30 and a 1 year high of $46.56. The company has a market cap of $96.23 million, a PE ratio of 21.07 and a beta of 0.91. The stock’s 50-day moving average is $44.81 and its 200 day moving average is $43.83.

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.