Short Interest in Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Declines By 34.7%

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 55,756 shares, a decrease of 34.7% from the May 14th total of 85,369 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 44,800 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On Pacer Swan SOS Fund of Funds ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Brookstone Capital Management boosted its holdings in Pacer Swan SOS Fund of Funds ETF by 84.1% in the fourth quarter. Brookstone Capital Management now owns 153,624 shares of the company’s stock worth $4,967,000 after acquiring an additional 70,187 shares in the last quarter. Merit Financial Group LLC purchased a new position in shares of Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth about $3,878,000. Comprehensive Financial Planning Inc. PA bought a new position in Pacer Swan SOS Fund of Funds ETF in the 3rd quarter worth about $1,066,000. Geneos Wealth Management Inc. grew its position in Pacer Swan SOS Fund of Funds ETF by 164.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 33,324 shares of the company’s stock valued at $1,077,000 after purchasing an additional 20,726 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its position in Pacer Swan SOS Fund of Funds ETF by 19.6% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 468,174 shares of the company’s stock valued at $14,792,000 after purchasing an additional 76,614 shares during the last quarter.

Pacer Swan SOS Fund of Funds ETF Price Performance

Shares of Pacer Swan SOS Fund of Funds ETF stock opened at $34.29 on Tuesday. Pacer Swan SOS Fund of Funds ETF has a 1 year low of $29.62 and a 1 year high of $34.31. The firm has a market cap of $542.81 million, a price-to-earnings ratio of 24.86 and a beta of 0.47. The company has a 50-day moving average of $33.64 and a 200 day moving average of $32.77.

Pacer Swan SOS Fund of Funds ETF Company Profile

The Pacer Swan SOS Fund of Funds ETF (PSFF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds of Pacer Swan SOS ETFs that provide exposure to US securities while limiting downside risk with buffers and caps over one year. PSFF was launched on Dec 29, 2020 and is managed by Pacer.