Wed Sep 25 08:58:21 UTC 2024: ## Pacer Advisors Drastically Cuts Stake in Charter Communications

**New York, NY – October 26, 2023** – Pacer Advisors Inc., a prominent institutional investor, significantly reduced its holdings in Charter Communications, Inc. (NASDAQ: CHTR) during the second quarter, according to a recent SEC filing. The firm slashed its ownership in the cable giant by a staggering 99.4%, bringing its total shares down to a mere 14,210.

This dramatic move suggests a potential shift in Pacer Advisors’ outlook on Charter Communications’ future. Analysts are speculating that the move could be attributed to several factors, including concerns about the company’s growth prospects or a shift in investment strategy.

While the specific reasoning behind Pacer Advisors’ decision remains unclear, this development is sure to spark interest in the cable industry and among investors closely watching Charter Communications.

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