Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Sees Significant Growth in Short Interest

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 97,949 shares, a growth of 112.2% from the June 15th total of 46,152 shares. Based on an average daily trading volume, of 63,843 shares, the short-interest ratio is currently 1.5 days. Currently, 0.6% of the shares of the stock are short sold.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in Pacer Swan SOS Fund of Funds ETF by 542.3% in the second quarter. JPMorgan Chase & Co. now owns 79,309 shares of the company’s stock valued at $2,417,000 after purchasing an additional 66,962 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 87.6% during the second quarter. NewEdge Advisors LLC now owns 206,371 shares of the company’s stock worth $6,290,000 after purchasing an additional 96,344 shares during the last quarter. Ausdal Financial Partners Inc. increased its stake in shares of Pacer Swan SOS Fund of Funds ETF by 3.4% in the second quarter. Ausdal Financial Partners Inc. now owns 391,560 shares of the company’s stock valued at $11,935,000 after buying an additional 12,956 shares during the period. Jane Street Group LLC acquired a new position in shares of Pacer Swan SOS Fund of Funds ETF in the second quarter valued at approximately $483,000. Finally, Geneos Wealth Management Inc. bought a new position in Pacer Swan SOS Fund of Funds ETF in the 2nd quarter valued at approximately $44,000.

Pacer Swan SOS Fund of Funds ETF Stock Performance

Shares of BATS:PSFF opened at $34.49 on Thursday. The company has a fifty day moving average of $34.12 and a 200-day moving average of $33.10. The company has a market capitalization of $545.98 million, a PE ratio of 24.86 and a beta of 0.47. Pacer Swan SOS Fund of Funds ETF has a 52-week low of $30.46 and a 52-week high of $34.50.

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.