Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Short Interest Down 69.7% in July

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 29,706 shares, a decline of 69.7% from the June 30th total of 97,949 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 59,924 shares, the days-to-cover ratio is currently 0.5 days.

Pacer Swan SOS Fund of Funds ETF Trading Up 0.3%

Shares of PSFF traded up $0.09 during trading hours on Monday, hitting $34.30. 38,071 shares of the stock traded hands, compared to its average volume of 66,072. The business has a fifty day moving average of $34.18 and a 200-day moving average of $33.20. The firm has a market capitalization of $542.97 million, a PE ratio of 24.86 and a beta of 0.47. Pacer Swan SOS Fund of Funds ETF has a 1-year low of $30.55 and a 1-year high of $34.50.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Glen Eagle Advisors LLC boosted its stake in shares of Pacer Swan SOS Fund of Funds ETF by 0.8% in the 4th quarter. Glen Eagle Advisors LLC now owns 50,541 shares of the company’s stock valued at $1,634,000 after purchasing an additional 408 shares during the last quarter. Ascension Capital Advisors Inc. lifted its holdings in Pacer Swan SOS Fund of Funds ETF by 1.2% in the first quarter. Ascension Capital Advisors Inc. now owns 41,859 shares of the company’s stock valued at $1,341,000 after buying an additional 493 shares during the period. Chicago Partners Investment Group LLC boosted its stake in Pacer Swan SOS Fund of Funds ETF by 1.2% in the fourth quarter. Chicago Partners Investment Group LLC now owns 71,223 shares of the company’s stock valued at $2,318,000 after acquiring an additional 854 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Pacer Swan SOS Fund of Funds ETF by 8.5% in the first quarter. Bank of New York Mellon Corp now owns 12,347 shares of the company’s stock valued at $396,000 after acquiring an additional 964 shares during the last quarter. Finally, Geneos Wealth Management Inc. acquired a new stake in Pacer Swan SOS Fund of Funds ETF during the 2nd quarter worth $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.