Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Shares Shorted: Short Interest Up 62.7% in September

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 92,130 shares, an increase of 62.7% from the August 31st total of 56,623 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 66,874 shares, the short-interest ratio is presently 1.4 days.

Pacer Swan SOS Fund of Funds ETF Price Performance

BATS:PSFF opened at $35.11 on Thursday. Pacer Swan SOS Fund of Funds ETF has a 12 month low of $31.31 and a 12 month high of $35.31. The firm has a market capitalization of $555.79 million, a PE ratio of 24.86 and a beta of 0.47. The business’s fifty day moving average price is $34.88 and its 200 day moving average price is $34.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers raised its position in shares of Pacer Swan SOS Fund of Funds ETF by 6.7% during the 1st quarter. Cetera Investment Advisers now owns 1,801,393 shares of the company’s stock worth $57,725,000 after acquiring an additional 113,102 shares in the last quarter. Maripau Wealth Management LLC boosted its holdings in Pacer Swan SOS Fund of Funds ETF by 3.2% in the first quarter. Maripau Wealth Management LLC now owns 596,870 shares of the company’s stock valued at $19,126,000 after purchasing an additional 18,673 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Pacer Swan SOS Fund of Funds ETF by 13.3% in the second quarter. NewEdge Advisors LLC now owns 365,172 shares of the company’s stock valued at $12,529,000 after purchasing an additional 42,903 shares in the last quarter. Copley Financial Group Inc. increased its stake in Pacer Swan SOS Fund of Funds ETF by 1.1% in the second quarter. Copley Financial Group Inc. now owns 358,334 shares of the company’s stock valued at $12,294,000 after purchasing an additional 3,904 shares during the last quarter. Finally, Storen Legacy Partners LLC purchased a new position in Pacer Swan SOS Fund of Funds ETF in the fourth quarter valued at approximately $11,520,000.

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.