Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) Position Lifted by L.M. Kohn & Company

L.M. Kohn & Company raised its stake in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) by 6.5% during the fourth quarter, HoldingsChannel reports. The fund owned 7,775 shares of the company’s stock after acquiring an additional 475 shares during the quarter. L.M. Kohn & Company’s holdings in Pacer Lunt Large Cap Multi-Factor Alternator ETF were worth $383,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in PALC. JPMorgan Chase & Co. bought a new position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF in the 3rd quarter worth about $144,000. Flow Traders U.S. LLC bought a new position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF in the 3rd quarter worth about $323,000. Finally, Leavell Investment Management Inc. lifted its position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF by 17.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 34,299 shares of the company’s stock worth $1,703,000 after buying an additional 4,977 shares during the last quarter.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Stock Performance

Pacer Lunt Large Cap Multi-Factor Alternator ETF stock opened at $52.07 on Monday. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a 1 year low of $42.95 and a 1 year high of $52.90. The firm’s 50-day moving average is $50.36 and its 200-day moving average is $49.93. The company has a market cap of $351.47 million, a P/E 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.