Evolution Wealth Management Inc. Acquires 172,435 Shares of Pacer Swan SOS Fund of Funds ETF $PSFF

Evolution Wealth Management Inc. boosted its holdings in shares of Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) by 97.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 349,058 shares of the company’s stock after buying an additional 172,435 shares during the period. Pacer Swan SOS Fund of Funds ETF accounts for 9.3% of Evolution Wealth Management Inc.’s investment portfolio, making the stock its largest holding. Evolution Wealth Management Inc.’s holdings in Pacer Swan SOS Fund of Funds ETF were worth $11,285,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted 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 buying an additional 70,187 shares in the last quarter. Merit Financial Group LLC acquired a new stake in Pacer Swan SOS Fund of Funds ETF during the 4th quarter worth approximately $3,878,000. Comprehensive Financial Planning Inc. PA acquired a new stake in Pacer Swan SOS Fund of Funds ETF during the 3rd quarter worth approximately $1,066,000. Ausdal Financial Partners Inc. lifted 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 buying an additional 76,614 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted 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 buying an additional 20,726 shares in the last quarter.

Pacer Swan SOS Fund of Funds ETF Trading Down 0.2%

Shares of BATS:PSFF opened at $34.18 on Thursday. Pacer Swan SOS Fund of Funds ETF has a 52 week low of $29.53 and a 52 week high of $34.25. The company’s 50 day moving average is $33.29 and its two-hundred day moving average is $32.64. The company has a market cap of $541.07 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.