Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Short Interest Down 34.7% in May

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 55,756 shares, a decrease of 34.7% from the May 14th total of 85,369 shares. Based on an average daily trading volume, of 44,800 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the company’s stock are short sold.

Pacer Swan SOS Fund of Funds ETF Stock Up 0.5%

Shares of BATS PSFF opened at $34.29 on Tuesday. The firm has a market cap of $542.81 million, a P/E ratio of 24.86 and a beta of 0.47. Pacer Swan SOS Fund of Funds ETF has a twelve month low of $29.62 and a twelve month high of $34.31. The company has a 50 day moving average of $33.64 and a 200 day moving average of $32.77.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Storen Legacy Partners LLC purchased a new stake in shares of Pacer Swan SOS Fund of Funds ETF during the fourth quarter valued at $11,520,000. Verus Capital Partners LLC bought a new stake in Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth about $6,795,000. Kestra Private Wealth Services LLC raised its position in Pacer Swan SOS Fund of Funds ETF by 348.6% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 250,619 shares of the company’s stock worth $7,918,000 after buying an additional 194,753 shares during the last quarter. Evolution Wealth Management Inc. raised its position in Pacer Swan SOS Fund of Funds ETF by 97.6% in the 4th quarter. Evolution Wealth Management Inc. now owns 349,058 shares of the company’s stock worth $11,285,000 after buying an additional 172,435 shares during the last quarter. Finally, World Investment Advisors bought a new position in Pacer Swan SOS Fund of Funds ETF during the 4th quarter valued at about $4,311,000.

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.