Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Short Interest Update

Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 8,698 shares, a decrease of 19.6% from the November 30th total of 10,821 shares. Based on an average daily trading volume, of 16,471 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,471 shares, the days-to-cover ratio is currently 0.5 days.

Pacer Lunt Large Cap Alternator ETF Trading Down 0.7%

Shares of Pacer Lunt Large Cap Alternator ETF stock traded down $0.31 during trading on Wednesday, hitting $42.92. The stock had a trading volume of 9,113 shares, compared to its average volume of 19,066. Pacer Lunt Large Cap Alternator ETF has a 12 month low of $31.30 and a 12 month high of $45.11. The firm has a market cap of $107.30 million, a price-to-earnings ratio of 21.07 and a beta of 0.98. The business’s 50-day moving average is $43.24 and its 200 day moving average is $41.30.

Institutional Trading of Pacer Lunt Large Cap Alternator ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. IFP Advisors Inc raised its stake in shares of Pacer Lunt Large Cap Alternator ETF by 14.4% in the third quarter. IFP Advisors Inc now owns 1,984 shares of the company’s stock valued at $84,000 after acquiring an additional 250 shares during the period. Maridea Wealth Management LLC purchased a new stake in Pacer Lunt Large Cap Alternator ETF in the 3rd quarter worth about $201,000. PFG Advisors raised its position in Pacer Lunt Large Cap Alternator ETF by 10.7% in the 2nd quarter. PFG Advisors now owns 20,842 shares of the company’s stock worth $785,000 after purchasing an additional 2,017 shares during the period. GeoWealth Management LLC boosted its position in shares of Pacer Lunt Large Cap Alternator ETF by 6.6% during the second 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. Finally, Envestnet Asset Management Inc. grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 27.7% during 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 during the last quarter.

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.