Ergawealth Advisors Inc. Increases Stock Holdings in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

Ergawealth Advisors Inc. lifted its position in shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 4.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,692 shares of the company’s stock after purchasing an additional 10,250 shares during the period. Pacer Lunt Large Cap Alternator ETF accounts for approximately 4.5% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its 9th biggest holding. Ergawealth Advisors Inc.’s holdings in Pacer Lunt Large Cap Alternator ETF were worth $9,032,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ALTL. WBI Investments LLC bought a new position in shares of Pacer Lunt Large Cap Alternator ETF during the first quarter worth approximately $2,424,000. Cetera Investment Advisers bought a new position in shares of Pacer Lunt Large Cap Alternator ETF during the first quarter worth approximately $2,193,000. Sanctuary Advisors LLC bought a new position in shares of Pacer Lunt Large Cap Alternator ETF during the second quarter worth approximately $488,000. SPC Financial Inc. increased its stake in shares of Pacer Lunt Large Cap Alternator ETF by 8.0% during the second quarter. SPC Financial Inc. now owns 106,730 shares of the company’s stock worth $3,689,000 after purchasing an additional 7,934 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Pacer Lunt Large Cap Alternator ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 67,325 shares of the company’s stock worth $2,327,000 after purchasing an additional 1,550 shares during the period.

Pacer Lunt Large Cap Alternator ETF Trading Down 0.3 %

Shares of NYSEARCA ALTL opened at $38.44 on Friday. The firm has a market cap of $292.18 million, a P/E ratio of 16.80 and a beta of 0.92. Pacer Lunt Large Cap Alternator ETF has a 1-year low of $31.04 and a 1-year high of $38.96. The business’s 50 day moving average is $37.90 and its 200-day moving average is $35.93.

About Pacer Lunt Large Cap Alternator ETF

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.