Osaic Holdings Inc. Sells 43,800 Shares of Pacer Lunt Large Cap Alternator ETF $ALTL

Osaic Holdings Inc. cut its stake in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 53.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,955 shares of the company’s stock after selling 43,800 shares during the period. Osaic Holdings Inc. owned 1.29% of Pacer Lunt Large Cap Alternator ETF worth $1,429,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its position in shares of Pacer Lunt Large Cap Alternator ETF by 25.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 419,791 shares of the company’s stock worth $15,809,000 after purchasing an additional 84,427 shares during the period. WBI Investments LLC increased its position in shares of Pacer Lunt Large Cap Alternator ETF by 111.5% during the first quarter. WBI Investments LLC now owns 86,117 shares of the company’s stock worth $2,998,000 after buying an additional 45,404 shares during the period. Goldman Sachs Group Inc. raised its stake in Pacer Lunt Large Cap Alternator ETF by 20.8% during the first quarter. Goldman Sachs Group Inc. now owns 50,461 shares of the company’s stock worth $1,757,000 after buying an additional 8,681 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Pacer Lunt Large Cap Alternator ETF by 3.9% in the first quarter. Raymond James Financial Inc. now owns 186,642 shares of the company’s stock valued at $6,498,000 after buying an additional 7,000 shares during the period. Finally, Lunt Capital Management Inc. lifted its holdings in Pacer Lunt Large Cap Alternator ETF by 1.4% in the second quarter. Lunt Capital Management Inc. now owns 229,256 shares of the company’s stock valued at $8,634,000 after buying an additional 3,073 shares during the period.

Pacer Lunt Large Cap Alternator ETF Trading Down 0.6%

Shares of Pacer Lunt Large Cap Alternator ETF stock opened at $43.23 on Wednesday. The business has a 50-day moving average price of $43.24 and a two-hundred day moving average price of $41.30. Pacer Lunt Large Cap Alternator ETF has a 1-year low of $31.30 and a 1-year high of $45.11. The company has a market cap of $108.08 million, a P/E ratio of 21.07 and a beta of 0.98.

Pacer Lunt Large Cap Alternator ETF Company 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.