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

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

Pacer Swan SOS Fund of Funds ETF Stock Up 0.2%

BATS:PSFF opened at $35.19 on Friday. The stock has a market cap of $557.06 million, a P/E ratio of 24.86 and a beta of 0.47. The firm’s fifty day simple moving average is $34.90 and its 200 day simple moving average is $34.04. Pacer Swan SOS Fund of Funds ETF has a twelve month low of $31.31 and a twelve month high of $35.31.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers increased its position in shares of Pacer Swan SOS Fund of Funds ETF by 6.7% during the first quarter. Cetera Investment Advisers now owns 1,801,393 shares of the company’s stock valued at $57,725,000 after buying an additional 113,102 shares during the period. Maripau Wealth Management LLC boosted its position in Pacer Swan SOS Fund of Funds ETF by 3.2% during the 1st quarter. Maripau Wealth Management LLC now owns 596,870 shares of the company’s stock valued at $19,126,000 after acquiring an additional 18,673 shares in the last quarter. NewEdge Advisors LLC boosted its position 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 in the last quarter. Copley Financial Group Inc. grew its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 24.6% during the 4th quarter. Copley Financial Group Inc. now owns 364,551 shares of the company’s stock worth $11,786,000 after acquiring an additional 71,985 shares during the period. Finally, Storen Legacy Partners LLC purchased a new position in shares of Pacer Swan SOS Fund of Funds ETF during the 4th quarter worth 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.