Nilsine Partners LLC Buys New Shares in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

Nilsine Partners LLC purchased a new stake in shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) in the 1st quarter, HoldingsChannel reports. The firm purchased 7,496 shares of the company’s stock, valued at approximately $263,000.

Other institutional investors have also added to or reduced their stakes in the company. Ergawealth Advisors Inc. boosted its position in Pacer Lunt Large Cap Alternator ETF by 5.6% during the fourth quarter. Ergawealth Advisors Inc. now owns 213,622 shares of the company’s stock valued at $7,184,000 after buying an additional 11,244 shares during the period. HighTower Advisors LLC boosted its position in Pacer Lunt Large Cap Alternator ETF by 10.2% during the third quarter. HighTower Advisors LLC now owns 53,032 shares of the company’s stock valued at $1,835,000 after buying an additional 4,913 shares during the period. Lincoln National Corp boosted its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 25.8% during the third quarter. Lincoln National Corp now owns 11,289 shares of the company’s stock worth $389,000 after purchasing an additional 2,315 shares during the period. SPC Financial Inc. boosted its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 5.4% during the third quarter. SPC Financial Inc. now owns 78,463 shares of the company’s stock worth $2,703,000 after purchasing an additional 4,044 shares during the period. Finally, Assetmark Inc. boosted its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 6.6% during the third quarter. Assetmark Inc. now owns 55,596 shares of the company’s stock worth $1,915,000 after purchasing an additional 3,437 shares during the period.

Pacer Lunt Large Cap Alternator ETF Stock Down 0.7 %

Shares of Pacer Lunt Large Cap Alternator ETF stock traded down $0.24 during trading on Tuesday, reaching $33.99. 30,583 shares of the stock were exchanged, compared to its average volume of 76,252. The stock’s fifty day moving average is $34.28 and its 200 day moving average is $33.53. The firm has a market cap of $265.12 million, a price-to-earnings 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 Company 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.