Silver Oak Securities Incorporated Raises Stock Position in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

Silver Oak Securities Incorporated raised its stake in shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 439.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,720 shares of the company’s stock after buying an additional 44,580 shares during the period. Silver Oak Securities Incorporated owned about 0.72% of Pacer Lunt Large Cap Alternator ETF worth $2,082,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ALTL. Sanctuary Advisors LLC purchased a new stake in Pacer Lunt Large Cap Alternator ETF during the second quarter valued at $488,000. Envestnet Asset Management Inc. increased its position in shares of Pacer Lunt Large Cap Alternator ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 67,325 shares of the company’s stock valued at $2,327,000 after purchasing an additional 1,550 shares during the last quarter. Sound Income Strategies LLC bought a new position in shares of Pacer Lunt Large Cap Alternator ETF in the 1st quarter worth approximately $32,000. SPC Financial Inc. boosted its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 8.0% in the second quarter. SPC Financial Inc. now owns 106,730 shares of the company’s stock worth $3,689,000 after buying an additional 7,934 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new position in shares of Pacer Lunt Large Cap Alternator ETF in the first quarter worth approximately $2,193,000.

Pacer Lunt Large Cap Alternator ETF Trading Down 0.3 %

Shares of ALTL stock opened at $38.44 on Friday. Pacer Lunt Large Cap Alternator ETF has a 12 month low of $31.04 and a 12 month high of $38.96. The stock has a market cap of $292.18 million, a P/E ratio of 16.80 and a beta of 0.92. The company has a 50 day simple moving average of $37.90 and a two-hundred day simple moving average of $35.93.

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.