Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Short Interest Down 53.6% in August

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 56,623 shares, a decrease of 53.6% from the August 15th total of 122,032 shares. Based on an average trading volume of 55,330 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of Pacer Swan SOS Fund of Funds ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC boosted its stake in Pacer Swan SOS Fund of Funds ETF by 7.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 43,708 shares of the company’s stock worth $1,500,000 after purchasing an additional 2,997 shares during the period. NewEdge Advisors LLC raised its stake in Pacer Swan SOS Fund of Funds ETF by 13.3% during the 2nd quarter. NewEdge Advisors LLC now owns 365,172 shares of the company’s stock valued at $12,529,000 after acquiring an additional 42,903 shares during the last quarter. Compass Financial Management LLC purchased a new stake in Pacer Swan SOS Fund of Funds ETF during the 2nd quarter valued at approximately $3,343,000. Copley Financial Group Inc. lifted its position in Pacer Swan SOS Fund of Funds ETF by 1.1% during the 2nd quarter. Copley Financial Group Inc. now owns 358,334 shares of the company’s stock worth $12,294,000 after acquiring an additional 3,904 shares during the period. Finally, Maripau Wealth Management LLC lifted its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 3.2% during the first quarter. Maripau Wealth Management LLC now owns 596,870 shares of the company’s stock worth $19,126,000 after purchasing an additional 18,673 shares during the period.

Pacer Swan SOS Fund of Funds ETF Stock Performance

Shares of BATS PSFF opened at $34.84 on Wednesday. The stock’s 50-day simple moving average is $34.72 and its 200-day simple moving average is $33.81. The firm has a market capitalization of $551.52 million, a PE ratio of 24.86 and a beta of 0.47. Pacer Swan SOS Fund of Funds ETF has a fifty-two week low of $30.94 and a fifty-two week high of $35.14.

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.