Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Shares Up 1.4% – Here’s Why

Posted by Latisha Jones on Jan 22nd, 2025

Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL – Get Free Report)’s share price traded up 1.4% during trading on Monday . The stock traded as high as $38.70 and last traded at $38.59. 18,511 shares were traded during trading, a decline of 32% from the average session volume of 27,201 shares. The stock had previously closed at $38.06.

Pacer Lunt Large Cap Alternator ETF Trading Up 1.6 %

The company has a market cap of $297.84 million, a P/E ratio of 16.80 and a beta of 0.92. The firm has a 50-day moving average of $38.31 and a 200 day moving average of $37.63.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ALTL. Jane Street Group LLC grew its holdings in Pacer Lunt Large Cap Alternator ETF by 375.5% in the third quarter. Jane Street Group LLC now owns 37,549 shares of the company’s stock worth $1,433,000 after purchasing an additional 29,652 shares during the period. Stifel Financial Corp bought a new position in shares of Pacer Lunt Large Cap Alternator ETF during the 3rd quarter worth about $305,000. Atria Investments Inc boosted its position in shares of Pacer Lunt Large Cap Alternator ETF by 22.8% during the 3rd quarter. Atria Investments Inc now owns 11,956 shares of the company’s stock worth $456,000 after purchasing an additional 2,220 shares in the last quarter. Lunt Capital Management Inc. grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 2.8% in the 3rd quarter. Lunt Capital Management Inc. now owns 198,808 shares of the company’s stock valued at $7,587,000 after buying an additional 5,353 shares during the period. Finally, Silver Oak Securities Incorporated increased its position in Pacer Lunt Large Cap Alternator ETF by 439.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 54,720 shares of the company’s stock valued at $2,082,000 after buying an additional 44,580 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.