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

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 29,706 shares, a decrease of 69.7% from the June 30th total of 97,949 shares. Based on an average daily trading volume, of 59,924 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Pacer Swan SOS Fund of Funds ETF

A number of hedge funds have recently bought and sold shares of the business. Glen Eagle Advisors LLC raised its stake in Pacer Swan SOS Fund of Funds ETF by 0.8% in the 4th quarter. Glen Eagle Advisors LLC now owns 50,541 shares of the company’s stock worth $1,634,000 after purchasing an additional 408 shares in the last quarter. Ascension Capital Advisors Inc. raised its position in shares of Pacer Swan SOS Fund of Funds ETF by 1.2% in the first quarter. Ascension Capital Advisors Inc. now owns 41,859 shares of the company’s stock valued at $1,341,000 after buying an additional 493 shares in the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of Pacer Swan SOS Fund of Funds ETF by 1.2% in the fourth quarter. Chicago Partners Investment Group LLC now owns 71,223 shares of the company’s stock valued at $2,318,000 after buying an additional 854 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Pacer Swan SOS Fund of Funds ETF by 8.5% in the first quarter. Bank of New York Mellon Corp now owns 12,347 shares of the company’s stock valued at $396,000 after buying an additional 964 shares during the period. Finally, Geneos Wealth Management Inc. acquired a new stake in Pacer Swan SOS Fund of Funds ETF during the second quarter worth approximately $44,000.

Pacer Swan SOS Fund of Funds ETF Price Performance

PSFF stock opened at $34.28 on Tuesday. Pacer Swan SOS Fund of Funds ETF has a fifty-two week low of $30.55 and a fifty-two week high of $34.50. The stock has a market capitalization of $542.65 million, a price-to-earnings ratio of 24.86 and a beta of 0.47. The business’s fifty day moving average price is $34.19 and its two-hundred day moving average price is $33.21.

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.