PFG Advisors Sells 5,295 Shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

PFG Advisors cut its holdings in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 17.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,672 shares of the company’s stock after selling 5,295 shares during the period. PFG Advisors owned 0.32% of Pacer Lunt Large Cap Alternator ETF worth $917,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of ALTL. Raymond James Financial Inc. bought a new position in Pacer Lunt Large Cap Alternator ETF in the 4th quarter valued at $6,677,000. Ergawealth Advisors Inc. boosted its holdings in Pacer Lunt Large Cap Alternator ETF by 1.8% in the 4th quarter. Ergawealth Advisors Inc. now owns 240,844 shares of the company’s stock valued at $8,952,000 after purchasing an additional 4,152 shares during the period. Silver Oak Securities Incorporated boosted its holdings in Pacer Lunt Large Cap Alternator ETF by 16.6% in the 4th quarter. Silver Oak Securities Incorporated now owns 63,815 shares of the company’s stock valued at $2,366,000 after purchasing an additional 9,095 shares during the period. Lunt Capital Management Inc. boosted its holdings in Pacer Lunt Large Cap Alternator ETF by 7.0% in the 4th quarter. Lunt Capital Management Inc. now owns 212,752 shares of the company’s stock valued at $7,908,000 after purchasing an additional 13,944 shares during the period. Finally, Jane Street Group LLC boosted its holdings in Pacer Lunt Large Cap Alternator ETF by 375.5% in the 3rd quarter. Jane Street Group LLC now owns 37,549 shares of the company’s stock valued at $1,433,000 after purchasing an additional 29,652 shares during the period.

Pacer Lunt Large Cap Alternator ETF Price Performance

Shares of NYSEARCA:ALTL opened at $33.52 on Friday. The firm has a fifty day moving average price of $37.49 and a two-hundred day moving average price of $37.98. Pacer Lunt Large Cap Alternator ETF has a one year low of $33.28 and a one year high of $40.01. The company has a market cap of $137.43 million, a price-to-earnings ratio of 25.39 and a beta of 0.94.

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.