Cambridge Investment Research Advisors Inc. Acquires 5,733 Shares of Pacer Lunt MidCap Multi-Factor Alternator ETF (NYSEARCA:PAMC)

Cambridge Investment Research Advisors Inc. boosted its holdings in Pacer Lunt MidCap Multi-Factor Alternator ETF (NYSEARCA:PAMC) by 19.1% during the first quarter, Holdings Channel reports. The fund owned 35,741 shares of the company’s stock after purchasing an additional 5,733 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Pacer Lunt MidCap Multi-Factor Alternator ETF were worth $1,515,000 as of its most recent filing with the Securities and Exchange Commission.

Pacer Lunt MidCap Multi-Factor Alternator ETF Price Performance

PAMC stock opened at $44.54 on Friday. The stock has a market capitalization of $69.04 million, a price-to-earnings ratio of 20.50 and a beta of 0.94. The business’s fifty day moving average price is $42.73 and its two-hundred day moving average price is $43.96. Pacer Lunt MidCap Multi-Factor Alternator ETF has a fifty-two week low of $36.84 and a fifty-two week high of $50.90.

About Pacer Lunt MidCap Multi-Factor Alternator ETF

The Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund invests in US mid-cap equities that allocates to multi-factor sub-indices based on relative strength. PAMC was launched on Jun 24, 2020 and is managed by Pacer.