Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Short Interest Up 97.5% in July

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 58,661 shares, a growth of 97.5% from the July 15th total of 29,706 shares. Based on an average daily trading volume, of 43,929 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the company’s stock are short sold.

Pacer Swan SOS Fund of Funds ETF Stock Performance

Pacer Swan SOS Fund of Funds ETF stock opened at $34.98 on Monday. Pacer Swan SOS Fund of Funds ETF has a fifty-two week low of $30.90 and a fifty-two week high of $35.09. The stock’s 50 day simple moving average is $34.36 and its two-hundred day simple moving average is $33.43. The stock has a market cap of $553.73 million, a price-to-earnings ratio of 24.86 and a beta of 0.47.

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

Several hedge funds have recently made changes to their positions in PSFF. Storen Legacy Partners LLC bought a new stake in Pacer Swan SOS Fund of Funds ETF during the fourth quarter worth about $11,520,000. Verus Capital Partners LLC bought a new position in shares of Pacer Swan SOS Fund of Funds ETF during the fourth quarter valued at approximately $6,795,000. Kestra Private Wealth Services LLC increased its stake in shares of Pacer Swan SOS Fund of Funds ETF by 348.6% during the third quarter. Kestra Private Wealth Services LLC now owns 250,619 shares of the company’s stock valued at $7,918,000 after purchasing an additional 194,753 shares in the last quarter. Evolution Wealth Management Inc. increased its stake in shares of Pacer Swan SOS Fund of Funds ETF by 97.6% during the fourth quarter. Evolution Wealth Management Inc. now owns 349,058 shares of the company’s stock valued at $11,285,000 after purchasing an additional 172,435 shares in the last quarter. Finally, World Investment Advisors purchased a new position in shares of Pacer Swan SOS Fund of Funds ETF during the fourth quarter valued at approximately $4,311,000.

Pacer Swan SOS Fund of Funds ETF Company Profile

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.