Pacer Swan SOS Fund of Funds ETF (BATS:PSFF – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 85,369 shares, a growth of 2,321.1% from the April 30th total of 3,526 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 71,638 shares, the days-to-cover ratio is currently 1.2 days.
Institutional Investors Weigh In On Pacer Swan SOS Fund of Funds ETF
Institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. purchased a new stake in Pacer Swan SOS Fund of Funds ETF during the 2nd quarter valued at about $44,000. International Assets Investment Management LLC purchased a new stake in Pacer Swan SOS Fund of Funds ETF during the 4th quarter valued at about $78,000. Fifth Third Bancorp purchased a new stake in Pacer Swan SOS Fund of Funds ETF during the 1st quarter valued at about $80,000. AE Wealth Management LLC purchased a new stake in Pacer Swan SOS Fund of Funds ETF during the 3rd quarter valued at about $123,000. Finally, Sunbelt Securities Inc. purchased a new stake in Pacer Swan SOS Fund of Funds ETF during the 3rd quarter valued at about $133,000.
Pacer Swan SOS Fund of Funds ETF Stock Up 0.1%
Shares of Pacer Swan SOS Fund of Funds ETF stock traded up $0.02 during trading on Wednesday, hitting $34.12. 39,314 shares of the stock traded hands, compared to its average volume of 68,989. The stock has a market cap of $540.12 million, a price-to-earnings ratio of 24.86 and a beta of 0.47. Pacer Swan SOS Fund of Funds ETF has a 52 week low of $29.27 and a 52 week high of $34.14. The firm’s fifty day moving average is $33.04 and its 200-day moving average is $32.54.
About Pacer Swan SOS Fund of Funds ETF
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.
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