SPC Financial Inc. Acquires 4,812 Shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

SPC Financial Inc. lifted its holdings in shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 5.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,796 shares of the company’s stock after purchasing an additional 4,812 shares during the period. SPC Financial Inc. owned 1.30% of Pacer Lunt Large Cap Alternator ETF worth $3,462,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MCF Advisors LLC bought a new stake in shares of Pacer Lunt Large Cap Alternator ETF during the 1st quarter valued at about $27,000. Sound Income Strategies LLC bought a new stake in shares of Pacer Lunt Large Cap Alternator ETF during the 1st quarter valued at about $32,000. Advisory Services Network LLC bought a new stake in shares of Pacer Lunt Large Cap Alternator ETF during the 4th quarter valued at about $190,000. Nilsine Partners LLC bought a new stake in shares of Pacer Lunt Large Cap Alternator ETF during the 1st quarter valued at about $263,000. Finally, Silver Oak Securities Incorporated boosted its position in shares of Pacer Lunt Large Cap Alternator ETF by 528.2% during the 4th quarter. Silver Oak Securities Incorporated now owns 36,672 shares of the company’s stock valued at $1,233,000 after purchasing an additional 30,834 shares in the last quarter.

Pacer Lunt Large Cap Alternator ETF Price Performance

Shares of Pacer Lunt Large Cap Alternator ETF stock traded up $0.33 on Thursday, hitting $35.07. 130,682 shares of the company’s stock traded hands, compared to its average volume of 63,878. Pacer Lunt Large Cap Alternator ETF has a one year low of $31.04 and a one year high of $39.66. The company has a fifty day moving average of $34.72 and a two-hundred day moving average of $34.23. The company has a market capitalization of $266.53 million, a price-to-earnings 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.