Brookstone Capital Management Reduces Stake in Pacer Swan SOS Fund of Funds ETF $PSFF

Brookstone Capital Management reduced its holdings in Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) by 85.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,783 shares of the company’s stock after selling 131,841 shares during the quarter. Brookstone Capital Management owned about 0.14% of Pacer Swan SOS Fund of Funds ETF worth $698,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Storen Legacy Partners LLC bought a new position in shares of Pacer Swan SOS Fund of Funds ETF during the fourth quarter valued at approximately $11,520,000. Verus Capital Partners LLC bought a new stake in Pacer Swan SOS Fund of Funds ETF in the fourth quarter valued at $6,795,000. Kestra Private Wealth Services LLC increased its position in Pacer Swan SOS Fund of Funds ETF by 348.6% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 250,619 shares of the company’s stock valued at $7,918,000 after purchasing an additional 194,753 shares during the period. Evolution Wealth Management Inc. increased its position in Pacer Swan SOS Fund of Funds ETF by 97.6% during the 4th quarter. Evolution Wealth Management Inc. now owns 349,058 shares of the company’s stock valued at $11,285,000 after purchasing an additional 172,435 shares during the period. Finally, World Investment Advisors purchased a new position in Pacer Swan SOS Fund of Funds ETF during the 4th quarter valued at $4,311,000.

Pacer Swan SOS Fund of Funds ETF Trading Down 0.3%

Shares of BATS PSFF opened at $33.99 on Friday. The firm has a fifty day simple moving average of $33.90 and a two-hundred day simple moving average of $32.90. Pacer Swan SOS Fund of Funds ETF has a 12 month low of $30.22 and a 12 month high of $34.31. The firm has a market capitalization of $538.06 million, a PE ratio of 24.86 and a beta of 0.47.

About Pacer Swan SOS Fund of Funds ETF

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.