Pacer WealthShield ETF (BATS:PWS) Short Interest Update

Pacer WealthShield ETF (BATS:PWS) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 1,351 shares, a decline of 39.8% from the May 31st total of 2,246 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 2,165 shares, the days-to-cover ratio is presently 0.6 days.

Pacer WealthShield ETF Stock Performance

BATS:PWS opened at $32.82 on Wednesday. The company has a market capitalization of $27.90 million, a P/E ratio of 23.24 and a beta of 0.55. The stock’s 50 day moving average price is $32.00 and its 200 day moving average price is $32.44. Pacer WealthShield ETF has a 52 week low of $30.11 and a 52 week high of $33.71.

Institutional Trading of Pacer WealthShield ETF

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in shares of Pacer WealthShield ETF by 258.9% during the 4th quarter. Royal Bank of Canada now owns 21,019 shares of the company’s stock worth $679,000 after purchasing an additional 15,163 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Pacer WealthShield ETF during the fourth quarter worth $181,000. Jane Street Group LLC bought a new position in Pacer WealthShield ETF during the fourth quarter valued at about $229,000. Finally, Ascentis Independent Advisors bought a new position in Pacer WealthShield ETF during the first quarter valued at about $163,000.

About Pacer WealthShield ETF

The Pacer WealthShield ETF (PWS) is an exchange-traded fund that is based on the Pacer WealthShield index. The fund tracks an index that toggles between equity and Treasurys, or a combination of both, on a monthly basis depending on monthly moving averages. PWS was launched on Dec 11, 2017 and is managed by Pacer.