Pacer WealthShield ETF (BATS:PWS) Short Interest Down 36.9% in July

Pacer WealthShield ETF (BATS:PWS) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 125 shares, a decrease of 36.9% from the June 30th total of 198 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,585 shares, the days-to-cover ratio is currently 0.0 days.

Pacer WealthShield ETF Stock Up 1.4%

BATS:PWS opened at $32.30 on Friday. The stock’s 50 day moving average price is $32.21 and its 200 day moving average price is $32.40. The company has a market capitalization of $27.45 million, a PE ratio of 23.24 and a beta of 0.55. Pacer WealthShield ETF has a 52-week low of $30.69 and a 52-week high of $33.71.

Institutional Investors Weigh In On Pacer WealthShield ETF

Large investors have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in shares of Pacer WealthShield ETF by 113.8% in the 1st quarter. Royal Bank of Canada now owns 44,940 shares of the company’s stock valued at $1,439,000 after acquiring an additional 23,921 shares during the period. Ascentis Independent Advisors purchased a new stake in Pacer WealthShield ETF in the 1st quarter valued at $163,000. Kestra Advisory Services LLC acquired a new stake in Pacer WealthShield ETF during the 4th quarter worth $181,000. Finally, Jane Street Group LLC acquired a new stake in Pacer WealthShield ETF during the 4th quarter worth $229,000.

Pacer WealthShield ETF Company Profile

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.