Pacer WealthShield ETF (BATS:PWS) Short Interest Update

Pacer WealthShield ETF (BATS:PWS) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 729 shares, a growth of 47.9% from the August 31st total of 493 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,228 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PWS. Sequoia Financial Advisors LLC bought a new position in shares of Pacer WealthShield ETF during the 2nd quarter valued at about $46,968,000. Baird Financial Group Inc. bought a new stake in Pacer WealthShield ETF in the 2nd quarter worth approximately $32,715,000. Teamwork Financial Advisors LLC bought a new stake in Pacer WealthShield ETF in the 2nd quarter worth approximately $16,361,000. Envestnet Asset Management Inc. boosted its stake in Pacer WealthShield ETF by 1,250.5% in the second quarter. Envestnet Asset Management Inc. now owns 441,072 shares of the company’s stock worth $14,475,000 after buying an additional 408,413 shares in the last quarter. Finally, Anson Capital Inc. purchased a new stake in Pacer WealthShield ETF in the second quarter worth approximately $4,987,000.

Pacer WealthShield ETF Stock Performance

Pacer WealthShield ETF stock opened at $32.01 on Friday. The firm’s fifty day moving average price is $32.86 and its 200-day moving average price is $32.36. The stock has a market cap of $27.21 million, a P/E ratio of 23.24 and a beta of 0.55. Pacer WealthShield ETF has a fifty-two week low of $31.18 and a fifty-two week high of $33.83.

Pacer WealthShield ETF Company Profile

The Pacer WealthShield ETF (PWS) is an exchange-traded fund that is based on the Pacer WealthShield index. The fund tracks an index that toggles between equity and Treasurys, or a combination of both, on a monthly basis depending on monthly moving averages. PWS was launched on Dec 11, 2017 and is managed by Pacer.