Pacer Swan SOS Fund of Funds ETF (BATS:PSFF – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 85,369 shares, a growth of 2,321.1% from the April 30th total of 3,526 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 71,638 shares, the short-interest ratio is currently 1.2 days.
Pacer Swan SOS Fund of Funds ETF Trading Up 0.1%
PSFF opened at $34.17 on Friday. The company’s 50 day moving average is $33.12 and its 200-day moving average is $32.57. Pacer Swan SOS Fund of Funds ETF has a 1-year low of $29.27 and a 1-year high of $34.18. The company has a market cap of $540.91 million, a P/E ratio of 24.86 and a beta of 0.47.
Institutional Investors Weigh In On Pacer Swan SOS Fund of Funds ETF
A number of hedge funds have recently made changes to their positions in PSFF. JPMorgan Chase & Co. boosted its stake in shares of Pacer Swan SOS Fund of Funds ETF by 542.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 79,309 shares of the company’s stock valued at $2,417,000 after purchasing an additional 66,962 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Pacer Swan SOS Fund of Funds ETF by 87.6% in the 2nd quarter. NewEdge Advisors LLC now owns 206,371 shares of the company’s stock valued at $6,290,000 after purchasing an additional 96,344 shares in the last quarter. Ausdal Financial Partners Inc. boosted its stake in shares of Pacer Swan SOS Fund of Funds ETF by 3.4% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 391,560 shares of the company’s stock valued at $11,935,000 after purchasing an additional 12,956 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Pacer Swan SOS Fund of Funds ETF in the 2nd quarter valued at approximately $483,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of Pacer Swan SOS Fund of Funds ETF in the 2nd quarter valued at approximately $44,000.
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.
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