Truist Financial Corp Sells 120,644 Shares of Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

Truist Financial Corp trimmed its stake in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTLFree Report) by 95.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,190 shares of the company’s stock after selling 120,644 shares during the period. Truist Financial Corp’s holdings in Pacer Lunt Large Cap Alternator ETF were worth $208,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Ergawealth Advisors Inc. increased its position in shares of 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 worth $7,184,000 after purchasing an additional 11,244 shares in the last quarter. HighTower Advisors LLC raised its stake in Pacer Lunt Large Cap Alternator ETF by 10.2% in the third quarter. HighTower Advisors LLC now owns 53,032 shares of the company’s stock valued at $1,835,000 after buying an additional 4,913 shares during the last quarter. Lincoln National Corp boosted its holdings in Pacer Lunt Large Cap Alternator ETF by 25.8% in the third quarter. Lincoln National Corp now owns 11,289 shares of the company’s stock worth $389,000 after acquiring an additional 2,315 shares in the last quarter. SPC Financial Inc. grew its stake in shares of Pacer Lunt Large Cap Alternator ETF by 5.4% during 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. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 22.2% during the third quarter. Tower Research Capital LLC TRC now owns 21,462 shares of the company’s stock valued at $739,000 after acquiring an additional 3,895 shares in the last quarter.

Pacer Lunt Large Cap Alternator ETF Stock Up 0.1 %

ALTL stock opened at $35.08 on Wednesday. The stock has a market capitalization of $266.61 million, a PE ratio of 16.80 and a beta of 0.92. Pacer Lunt Large Cap Alternator ETF has a 52 week low of $31.04 and a 52 week high of $39.66. The firm has a 50 day moving average of $34.43 and a 200 day moving average of $33.78.

Pacer Lunt Large Cap Alternator ETF Profile

(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.

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Institutional Ownership by Quarter for Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL)

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