Leavell Investment Management Inc. Lowers Stock Holdings in Pacer Lunt Large Cap Multi-Factor Alternator ETF $PALC

Leavell Investment Management Inc. decreased its holdings in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) by 34.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,627 shares of the company’s stock after selling 10,714 shares during the period. Leavell Investment Management Inc. owned about 0.35% of Pacer Lunt Large Cap Multi-Factor Alternator ETF worth $1,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Jones Financial Companies Lllp purchased a new position in Pacer Lunt Large Cap Multi-Factor Alternator ETF during the first quarter valued at $4,210,000.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Stock Up 0.6%

Shares of NYSEARCA PALC opened at $52.09 on Monday. The firm has a market cap of $281.29 million, a price-to-earnings ratio of -36.89 and a beta of 0.95. The company’s 50-day simple moving average is $51.22 and its 200-day simple moving average is $49.31. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a 52-week low of $42.72 and a 52-week high of $52.90.

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.