SPC Financial Inc. Buys 5,452 Shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

SPC Financial Inc. boosted its stake in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 5.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,182 shares of the company’s stock after purchasing an additional 5,452 shares during the quarter. SPC Financial Inc. owned about 1.48% of Pacer Lunt Large Cap Alternator ETF worth $4,281,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. MCF Advisors LLC purchased a new stake in shares of Pacer Lunt Large Cap Alternator ETF in the first quarter worth about $27,000. Sound Income Strategies LLC bought a new position in shares of Pacer Lunt Large Cap Alternator ETF during the 1st quarter valued at approximately $32,000. Sanctuary Advisors LLC purchased a new position in shares of Pacer Lunt Large Cap Alternator ETF in the second quarter valued at $488,000. CreativeOne Wealth LLC increased its position in Pacer Lunt Large Cap Alternator ETF by 3.2% in the first quarter. CreativeOne Wealth LLC now owns 39,660 shares of the company’s stock worth $1,390,000 after purchasing an additional 1,232 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in Pacer Lunt Large Cap Alternator ETF in the first quarter worth $2,193,000.

Pacer Lunt Large Cap Alternator ETF Stock Up 0.6 %

ALTL stock opened at $38.83 on Thursday. The company has a fifty day simple moving average of $37.62 and a two-hundred day simple moving average of $35.77. Pacer Lunt Large Cap Alternator ETF has a 52 week low of $31.04 and a 52 week high of $38.96. The firm has a market capitalization of $295.11 million, a P/E ratio of 16.80 and a beta of 0.92.

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.