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

Leavell Investment Management Inc. cut its stake in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) by 34.2% in the second quarter, Holdings Channel.com reports. The fund owned 20,627 shares of the company’s stock after selling 10,714 shares during the period. Leavell Investment Management Inc.’s holdings in Pacer Lunt Large Cap Multi-Factor Alternator ETF were worth $1,019,000 at the end of the most recent quarter.

Separately, Jones Financial Companies Lllp purchased a new position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF during the 1st quarter worth approximately $4,210,000.

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

PALC opened at $52.09 on Monday. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a 52 week low of $42.72 and a 52 week high of $52.90. The business has a fifty day simple moving average of $51.22 and a 200-day simple moving average of $49.31. The firm has a market cap of $281.29 million, a P/E ratio of -36.89 and a beta of 0.95.

Pacer Lunt Large Cap Multi-Factor Alternator ETF 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.