Assetmark Inc. Sells 3,166 Shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

Assetmark Inc. decreased its position in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,430 shares of the company’s stock after selling 3,166 shares during the quarter. Assetmark Inc. owned approximately 0.28% of Pacer Lunt Large Cap Alternator ETF worth $1,763,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Silver Oak Securities Incorporated grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 528.2% in the fourth quarter. Silver Oak Securities Incorporated now owns 36,672 shares of the company’s stock worth $1,233,000 after acquiring an additional 30,834 shares during the last quarter. Ergawealth Advisors Inc. grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 5.6% in the fourth quarter. Ergawealth Advisors Inc. now owns 213,622 shares of the company’s stock worth $7,184,000 after acquiring an additional 11,244 shares during the last quarter. White Knight Strategic Wealth Advisors LLC grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 9.1% in the third quarter. White Knight Strategic Wealth Advisors LLC now owns 18,933 shares of the company’s stock worth $652,000 after acquiring an additional 1,583 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 22.2% in the third quarter. Tower Research Capital LLC TRC now owns 21,462 shares of the company’s stock worth $739,000 after acquiring an additional 3,895 shares during the last quarter. Finally, SPC Financial Inc. grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 5.4% in the third quarter. SPC Financial Inc. now owns 78,463 shares of the company’s stock worth $2,703,000 after acquiring an additional 4,044 shares during the last quarter.

Pacer Lunt Large Cap Alternator ETF Trading Up 0.2 %

NYSEARCA ALTL opened at $34.67 on Friday. Pacer Lunt Large Cap Alternator ETF has a 12 month low of $31.04 and a 12 month high of $39.66. The stock has a market cap of $263.47 million, a P/E ratio of 16.80 and a beta of 0.92. The stock’s fifty day moving average price is $34.45 and its 200-day moving average price is $33.83.

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.