Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Short Interest Update

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 29,706 shares, a drop of 69.7% from the June 30th total of 97,949 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 59,924 shares, the days-to-cover ratio is currently 0.5 days.

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

Several institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 164.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 33,324 shares of the company’s stock worth $1,077,000 after purchasing an additional 20,726 shares during the last quarter. Brookstone Capital Management increased its stake in shares of 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 valued at $4,967,000 after buying an additional 70,187 shares in the last quarter. Merit Financial Group LLC bought a new position in shares of Pacer Swan SOS Fund of Funds ETF in the fourth quarter valued at about $3,878,000. World Investment Advisors bought a new position in shares of Pacer Swan SOS Fund of Funds ETF in the fourth quarter valued at about $4,311,000. Finally, Evolution Wealth Management Inc. raised its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 97.6% in the fourth quarter. Evolution Wealth Management Inc. now owns 349,058 shares of the company’s stock valued at $11,285,000 after buying an additional 172,435 shares during the last quarter.

Pacer Swan SOS Fund of Funds ETF Stock Performance

Shares of BATS:PSFF opened at $34.21 on Friday. Pacer Swan SOS Fund of Funds ETF has a 52 week low of $30.55 and a 52 week high of $34.50. The company’s fifty day moving average is $34.18 and its 200-day moving average is $33.19. The company has a market capitalization of $541.54 million, a PE ratio of 24.86 and a beta of 0.47.

About Pacer Swan SOS Fund of Funds ETF

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.