Short Interest in Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Drops By 89.9%

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 3,526 shares, a decrease of 89.9% from the April 15th total of 34,761 shares. Based on an average daily trading volume, of 41,307 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Pacer Swan SOS Fund of Funds ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Brookstone Capital Management increased its holdings in Pacer Swan SOS Fund of Funds ETF by 84.1% during the 4th quarter. Brookstone Capital Management now owns 153,624 shares of the company’s stock worth $4,967,000 after purchasing an additional 70,187 shares during the period. Merit Financial Group LLC purchased a new position in Pacer Swan SOS Fund of Funds ETF during the 4th quarter worth $3,878,000. Comprehensive Financial Planning Inc. PA purchased a new position in Pacer Swan SOS Fund of Funds ETF during the 3rd quarter worth $1,066,000. Ausdal Financial Partners Inc. increased its holdings 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 worth $14,792,000 after purchasing an additional 76,614 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings 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 worth $1,077,000 after purchasing an additional 20,726 shares during the period.

Pacer Swan SOS Fund of Funds ETF Stock Performance

Shares of BATS PSFF opened at $33.88 on Tuesday. The business’s 50 day moving average price is $32.68 and its 200-day moving average price is $32.37. Pacer Swan SOS Fund of Funds ETF has a fifty-two week low of $29.02 and a fifty-two week high of $33.91. The company has a market cap of $536.32 million, a price-to-earnings 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.