Royal Bank of Canada Purchases 16,473 Shares of Pacer Lunt Large Cap Alternator ETF $ALTL

Royal Bank of Canada grew its position in shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 146.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,739 shares of the company’s stock after buying an additional 16,473 shares during the quarter. Royal Bank of Canada’s holdings in Pacer Lunt Large Cap Alternator ETF were worth $1,217,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ALTL. Goldman Sachs Group Inc. raised its stake in shares of Pacer Lunt Large Cap Alternator ETF by 20.8% in the first quarter. Goldman Sachs Group Inc. now owns 50,461 shares of the company’s stock valued at $1,757,000 after acquiring an additional 8,681 shares during the last quarter. Raymond James Financial Inc. grew its position in Pacer Lunt Large Cap Alternator ETF by 1.9% during the 2nd quarter. Raymond James Financial Inc. now owns 190,115 shares of the company’s stock worth $7,160,000 after acquiring an additional 3,473 shares during the last quarter. Citadel Advisors LLC grew its position in Pacer Lunt Large Cap Alternator ETF by 53.7% during the 3rd quarter. Citadel Advisors LLC now owns 31,861 shares of the company’s stock worth $1,353,000 after acquiring an additional 11,134 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in Pacer Lunt Large Cap Alternator ETF during the 4th quarter valued at $717,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Pacer Lunt Large Cap Alternator ETF during the 4th quarter valued at $249,000.

Pacer Lunt Large Cap Alternator ETF Stock Performance

Shares of ALTL opened at $46.87 on Friday. The stock has a fifty day moving average price of $48.15 and a two-hundred day moving average price of $46.42. Pacer Lunt Large Cap Alternator ETF has a 52-week low of $39.06 and a 52-week high of $51.77. The company has a market cap of $93.74 million, a price-to-earnings ratio of 21.07 and a beta of 0.80.

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.