Leavell Investment Management Inc. Raises Stock Holdings in Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC)

Leavell Investment Management Inc. raised its position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) by 17.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,299 shares of the company’s stock after buying an additional 4,977 shares during the quarter. Leavell Investment Management Inc. owned about 0.51% of Pacer Lunt Large Cap Multi-Factor Alternator ETF worth $1,703,000 at the end of the most recent quarter.

Separately, Cambridge Investment Research Advisors Inc. increased its stake in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF by 3.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 34,985 shares of the company’s stock worth $1,702,000 after acquiring an additional 1,051 shares in the last quarter.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Price Performance

Shares of NYSEARCA PALC opened at $51.66 on Friday. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a 1 year low of $36.73 and a 1 year high of $51.74. The firm has a 50-day moving average of $49.69 and a 200 day moving average of $48.28. The stock has a market cap of $348.71 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.