Pacer WealthShield ETF (BATS:PWS – Get Free Report) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 71 shares, a drop of 46.6% from the July 30th total of 133 shares. Based on an average daily volume of 1,146 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Pacer WealthShield ETF Stock Performance
BATS:PWS opened at $33.25 on Friday. The firm has a market cap of $28.26 million, a PE ratio of 23.24 and a beta of 0.55. The business has a 50 day moving average price of $32.82 and a 200-day moving average price of $32.40. Pacer WealthShield ETF has a fifty-two week low of $30.85 and a fifty-two week high of $33.83.
Hedge Funds Weigh In On Pacer WealthShield ETF
Several hedge funds have recently made changes to their positions in PWS. Royal Bank of Canada lifted its position 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 worth $1,439,000 after purchasing an additional 23,921 shares during the period. Ascentis Independent Advisors bought a new stake in shares of Pacer WealthShield ETF during the first quarter valued at approximately $163,000. Ameritas Advisory Services LLC bought a new stake in shares of Pacer WealthShield ETF during the second quarter valued at approximately $51,000. Anson Capital Inc. purchased a new stake in Pacer WealthShield ETF in the second quarter worth $4,987,000. Finally, Kraematon Investment Advisors Inc. purchased a new stake in Pacer WealthShield ETF in the second quarter worth $315,000.
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.
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