WBI Investments LLC Cuts Stock Holdings in Pacer Lunt Large Cap Alternator ETF $ALTL

WBI Investments LLC lowered its position in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 64.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,765 shares of the company’s stock after selling 55,076 shares during the period. WBI Investments LLC owned about 1.23% of Pacer Lunt Large Cap Alternator ETF worth $1,306,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in ALTL. Maridea Wealth Management LLC acquired a new position in Pacer Lunt Large Cap Alternator ETF during the 3rd quarter worth approximately $201,000. GeoWealth Management LLC lifted its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 6.6% in the 2nd quarter. GeoWealth Management LLC now owns 24,452 shares of the company’s stock valued at $921,000 after buying an additional 1,521 shares during the period. PFG Advisors boosted its stake in shares of Pacer Lunt Large Cap Alternator ETF by 7.8% in the third quarter. PFG Advisors now owns 22,468 shares of the company’s stock valued at $954,000 after buying an additional 1,626 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Pacer Lunt Large Cap Alternator ETF by 27.7% in the third quarter. Envestnet Asset Management Inc. now owns 30,749 shares of the company’s stock valued at $1,306,000 after buying an additional 6,667 shares in the last quarter. Finally, Citadel Advisors LLC grew its holdings in Pacer Lunt Large Cap Alternator ETF by 53.7% during the third quarter. Citadel Advisors LLC now owns 31,861 shares of the company’s stock worth $1,353,000 after acquiring an additional 11,134 shares during the period.

Pacer Lunt Large Cap Alternator ETF Stock Performance

NYSEARCA:ALTL opened at $44.98 on Wednesday. The stock has a fifty day moving average price of $44.84 and a two-hundred day moving average price of $43.54. The stock has a market capitalization of $98.96 million, a price-to-earnings ratio of 21.07 and a beta of 0.98. Pacer Lunt Large Cap Alternator ETF has a 1 year low of $31.30 and a 1 year high of $46.56.

Pacer Lunt Large Cap Alternator ETF 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.