Geneos Wealth Management Inc. Sells 74,045 Shares of Pacer Lunt Large Cap Alternator ETF $ALTL

Geneos Wealth Management Inc. lowered its holdings in Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) by 17.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 345,746 shares of the company’s stock after selling 74,045 shares during the quarter. Geneos Wealth Management Inc. owned approximately 13.83% of Pacer Lunt Large Cap Alternator ETF worth $14,680,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in ALTL. Lunt Capital Management Inc. lifted its stake in Pacer Lunt Large Cap Alternator ETF by 1.4% in the second quarter. Lunt Capital Management Inc. now owns 229,256 shares of the company’s stock worth $8,634,000 after acquiring an additional 3,073 shares during the period. PFG Advisors raised its holdings in Pacer Lunt Large Cap Alternator ETF by 10.7% in the 2nd quarter. PFG Advisors now owns 20,842 shares of the company’s stock worth $785,000 after purchasing an additional 2,017 shares in the last quarter. WBI Investments LLC raised its holdings in Pacer Lunt Large Cap Alternator ETF by 111.5% in the 1st quarter. WBI Investments LLC now owns 86,117 shares of the company’s stock worth $2,998,000 after purchasing an additional 45,404 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Pacer Lunt Large Cap Alternator ETF by 20.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 50,461 shares of the company’s stock worth $1,757,000 after purchasing an additional 8,681 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of Pacer Lunt Large Cap Alternator ETF by 1.9% in the 2nd quarter. Raymond James Financial Inc. now owns 190,115 shares of the company’s stock worth $7,160,000 after purchasing an additional 3,473 shares during the period.

Pacer Lunt Large Cap Alternator ETF Price Performance

Shares of NYSEARCA ALTL opened at $43.47 on Tuesday. Pacer Lunt Large Cap Alternator ETF has a 1 year low of $31.30 and a 1 year high of $45.11. The stock has a market capitalization of $97.81 million, a P/E ratio of 21.07 and a beta of 0.98. The company’s 50-day moving average is $43.17 and its 200 day moving average is $41.51.

About Pacer Lunt Large Cap Alternator ETF

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.