Cambridge Investment Research Advisors Inc. Purchases 1,051 Shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC)

Cambridge Investment Research Advisors Inc. increased its position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,985 shares of the company’s stock after acquiring an additional 1,051 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.52% of Pacer Lunt Large Cap Multi-Factor Alternator ETF worth $1,702,000 as of its most recent SEC filing.

Separately, Leavell Investment Management Inc. increased its position in Pacer Lunt Large Cap Multi-Factor Alternator ETF by 39.7% during the 1st quarter. Leavell Investment Management Inc. now owns 24,234 shares of the company’s stock valued at $1,130,000 after buying an additional 6,886 shares in the last quarter.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Stock Performance

Shares of NYSEARCA PALC opened at $48.81 on Wednesday. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a fifty-two week low of $35.13 and a fifty-two week high of $50.32. The company has a market cap of $329.47 million, a PE ratio of 37.20 and a beta of 1.12. The business has a 50-day simple moving average of $48.33 and a two-hundred day simple moving average of $46.89.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Company Profile

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