29,022 Shares in Pacer Lunt Large Cap Multi-Factor Alternator ETF $PALC Bought by JPMorgan Chase & Co.
by Kim Johansen · The Markets DailyJPMorgan Chase & Co. bought a new stake in Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 29,022 shares of the company’s stock, valued at approximately $1,502,000.
Separately, IFP Advisors Inc raised its position in Pacer Lunt Large Cap Multi-Factor Alternator ETF by 9.2% in the third quarter. IFP Advisors Inc now owns 2,391 shares of the company’s stock valued at $124,000 after purchasing an additional 201 shares during the last quarter.
Pacer Lunt Large Cap Multi-Factor Alternator ETF Trading Up 1.9%
Pacer Lunt Large Cap Multi-Factor Alternator ETF stock opened at $53.38 on Thursday. The company has a market capitalization of $234.87 million, a PE ratio of -37.80 and a beta of 0.96. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a 12 month low of $42.72 and a 12 month high of $55.91. The stock has a 50-day moving average price of $53.78 and a two-hundred day moving average price of $52.74.
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.
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