Pacer WealthShield ETF (BATS:PWS) Short Interest Update

Pacer WealthShield ETF (BATS:PWS) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 459 shares, an increase of 1,665.4% from the April 15th total of 26 shares. Based on an average daily volume of 2,310 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Pacer WealthShield ETF

A number of large investors have recently bought and sold shares of the business. Royal Bank of Canada grew its stake in shares of Pacer WealthShield ETF by 258.9% during the 4th quarter. Royal Bank of Canada now owns 21,019 shares of the company’s stock worth $679,000 after acquiring an additional 15,163 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Pacer WealthShield ETF during the 1st quarter worth approximately $414,000. Kestra Advisory Services LLC bought a new position in shares of Pacer WealthShield ETF during the 4th quarter worth approximately $181,000. Finally, Ascentis Independent Advisors bought a new position in shares of Pacer WealthShield ETF during the 1st quarter worth approximately $163,000.

Pacer WealthShield ETF Price Performance

Shares of PWS stock opened at $31.99 on Tuesday. The stock has a market cap of $27.19 million, a PE ratio of 23.24 and a beta of 0.55. The stock has a 50-day moving average of $32.10 and a 200-day moving average of $32.69. Pacer WealthShield ETF has a one year low of $28.76 and a one year high of $33.71.

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.