Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Shares Sold by Lunt Capital Management Inc.

Lunt Capital Management Inc. reduced its position in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 169,781 shares of the company’s stock after selling 3,441 shares during the quarter. Pacer Lunt Large Cap Alternator ETF comprises approximately 3.0% of Lunt Capital Management Inc.’s investment portfolio, making the stock its 7th largest position. Lunt Capital Management Inc.’s holdings in Pacer Lunt Large Cap Alternator ETF were worth $5,710,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. grew its holdings in Pacer Lunt Large Cap Alternator ETF by 2.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 15,715 shares of the company’s stock valued at $590,000 after buying an additional 302 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Pacer Lunt Large Cap Alternator ETF by 1.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 42,440 shares of the company’s stock valued at $1,611,000 after buying an additional 515 shares in the last quarter. UBS Group AG grew its holdings in Pacer Lunt Large Cap Alternator ETF by 23,433.3% in the 2nd quarter. UBS Group AG now owns 706 shares of the company’s stock valued at $29,000 after buying an additional 703 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in Pacer Lunt Large Cap Alternator ETF by 4.9% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 19,529 shares of the company’s stock valued at $742,000 after buying an additional 905 shares in the last quarter. Finally, FMR LLC grew its holdings in Pacer Lunt Large Cap Alternator ETF by 4,084.6% in the 3rd quarter. FMR LLC now owns 1,088 shares of the company’s stock valued at $37,000 after buying an additional 1,062 shares in the last quarter.

Pacer Lunt Large Cap Alternator ETF Trading Down 0.3 %

NYSEARCA:ALTL traded down $0.11 during trading hours on Tuesday, hitting $33.31. The company had a trading volume of 9,555 shares, compared to its average volume of 80,645. The company has a 50-day moving average of $34.20 and a 200 day moving average of $33.54. The company has a market cap of $259.82 million, a P/E ratio of 16.55 and a beta of 1.00. Pacer Lunt Large Cap Alternator ETF has a 1 year low of $31.04 and a 1 year high of $39.66.

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.