EverSource Wealth Advisors LLC Invests $39,000 in Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC)

EverSource Wealth Advisors LLC purchased a new position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 796 shares of the company’s stock, valued at approximately $39,000.

Separately, Cambridge Investment Research Advisors Inc. boosted its holdings in Pacer Lunt Large Cap Multi-Factor Alternator ETF by 3.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 34,985 shares of the company’s stock valued at $1,702,000 after acquiring an additional 1,051 shares during the last quarter.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Price Performance

Shares of PALC stock opened at $49.43 on Friday. The business’s 50 day simple moving average is $48.21 and its 200 day simple moving average is $47.38. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a one year low of $35.13 and a one year high of $50.32. The stock has a market capitalization of $333.65 million, a PE ratio of 37.20 and a beta of 1.12.

About Pacer Lunt Large Cap Multi-Factor Alternator ETF

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.