Pacer WealthShield ETF (BATS:PWS) Short Interest Update

Pacer WealthShield ETF (BATS:PWS) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 125 shares, a decrease of 36.9% from the June 30th total of 198 shares. Based on an average daily trading volume, of 3,585 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Pacer WealthShield ETF Stock Down 1.4%

BATS PWS opened at $31.86 on Thursday. Pacer WealthShield ETF has a 52-week low of $30.69 and a 52-week high of $33.71. The business’s 50-day moving average price is $32.21 and its 200 day moving average price is $32.41. The firm has a market cap of $27.08 million, a P/E ratio of 23.24 and a beta of 0.55.

Institutional Trading of Pacer WealthShield ETF

A number of hedge funds have recently added to or reduced their stakes in PWS. Royal Bank of Canada increased its holdings in shares of Pacer WealthShield ETF by 113.8% in the first quarter. Royal Bank of Canada now owns 44,940 shares of the company’s stock valued at $1,439,000 after purchasing an additional 23,921 shares during the period. Jane Street Group LLC acquired a new stake in shares of Pacer WealthShield ETF during the first quarter worth $414,000. Kestra Advisory Services LLC acquired a new stake in shares of Pacer WealthShield ETF during the fourth quarter worth $181,000. Finally, Ascentis Independent Advisors purchased a new position in Pacer WealthShield ETF in the 1st quarter valued at $163,000.

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.