CreativeOne Wealth LLC Boosts Stake in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

CreativeOne Wealth LLC grew its stake in shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 3.2% during the first quarter, HoldingsChannel reports. The firm owned 39,660 shares of the company’s stock after buying an additional 1,232 shares during the period. CreativeOne Wealth LLC’s holdings in Pacer Lunt Large Cap Alternator ETF were worth $1,390,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ergawealth Advisors Inc. raised its stake in Pacer Lunt Large Cap Alternator ETF by 5.6% during the fourth quarter. Ergawealth Advisors Inc. now owns 213,622 shares of the company’s stock valued at $7,184,000 after buying an additional 11,244 shares in the last quarter. Silver Oak Securities Incorporated raised its stake in Pacer Lunt Large Cap Alternator ETF by 528.2% during the fourth quarter. Silver Oak Securities Incorporated now owns 36,672 shares of the company’s stock valued at $1,233,000 after buying an additional 30,834 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Pacer Lunt Large Cap Alternator ETF during the fourth quarter valued at approximately $190,000. Sound Income Strategies LLC bought a new position in shares of Pacer Lunt Large Cap Alternator ETF during the first quarter valued at approximately $32,000. Finally, Nilsine Partners LLC bought a new position in shares of Pacer Lunt Large Cap Alternator ETF during the first quarter valued at approximately $263,000.

Pacer Lunt Large Cap Alternator ETF Stock Up 1.2 %

Shares of NYSEARCA:ALTL traded up $0.43 during trading on Friday, hitting $35.84. 9,031 shares of the company traded hands, compared to its average volume of 61,830. The stock has a market capitalization of $272.38 million, a price-to-earnings ratio of 16.80 and a beta of 0.92. The business’s fifty day moving average is $34.91 and its 200-day moving average is $34.38. Pacer Lunt Large Cap Alternator ETF has a one year low of $31.04 and a one year high of $39.66.

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.