What was the extent and scale of Pacer Advisors Inc.'s reduction in its stake in Avient Corporation in Q1 2026?

Pacer Advisors Inc. significantly reduced its stake in Avient Corporation by 93.4% in Q1 2026, selling over 150,000 shares.

Despite Pacer Advisors' large-scale divestment, what does the news indicate about overall institutional ownership and market sentiment toward Avient Corporation?

Despite Pacer Advisors Inc.'s reduction, institutional investors collectively own 95.48% of Avient Corporation, and the company recently exceeded quarterly earnings and revenue expectations; analysts maintain a 'Moderate Buy' rating, with the stock trading near its 52-week high.

Pacer Advisors Inc. Reduces Stake in Avient Corporation

Aug 12, 2026

Pacer Advisors Inc. significantly reduced its Avient Corp stake by 93.4% in Q1 2026. Avient recently exceeded quarterly earnings and revenue expectations, maintaining a Moderate Buy analyst rating.

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