Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Shares Down 3.5% – What’s Next?

Shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL – Get Free Report) traded down 3.5% during trading on Friday. The stock traded as low as $39.80 and last traded at $39.80. Approximately 7,347 shares changed hands during trading, an increase of 3% from the average daily volume of 7,132 shares. The stock had previously closed at $41.26.

Pacer Lunt Large Cap Alternator ETF Stock Down 3.5%

The company’s 50 day moving average price is $45.23 and its two-hundred day moving average price is $46.37. The stock has a market cap of $75.62 million, a P/E ratio of 21.07 and a beta of 0.80.

Institutional Investors Weigh In On Pacer Lunt Large Cap Alternator ETF

Several large investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in shares of Pacer Lunt Large Cap Alternator ETF by 7.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 33,183 shares of the company’s stock worth $1,702,000 after buying an additional 2,157 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Pacer Lunt Large Cap Alternator ETF in the second quarter valued at about $38,000. Citadel Advisors LLC acquired a new position in Pacer Lunt Large Cap Alternator ETF during the 2nd quarter worth approximately $545,000. Ameritas Advisory Services LLC acquired a new stake in Pacer Lunt Large Cap Alternator ETF in the second quarter valued at $29,000. Finally, Royal Bank of Canada boosted its holdings in Pacer Lunt Large Cap Alternator ETF by 146.2% during the first quarter. Royal Bank of Canada now owns 27,739 shares of the company’s stock worth $1,217,000 after buying an additional 16,473 shares in the last quarter.

Pacer Lunt Large Cap Alternator ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Pacer Lunt Large Cap Alternator ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Lunt Large Cap Alternator ETF and related companies with MarketBeat.com's FREE daily email newsletter.