Short Interest in Pacer WealthShield ETF (BATS:PWS) Declines By 46.6%

Pacer WealthShield ETF (BATS:PWS) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 71 shares, a decline of 46.6% from the July 30th total of 133 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,146 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Pacer WealthShield ETF

Large investors have recently made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new stake in Pacer WealthShield ETF during the second quarter valued at $51,000. Ascentis Independent Advisors bought a new stake in shares of Pacer WealthShield ETF during the 1st quarter worth $163,000. Kestra Advisory Services LLC acquired a new stake in shares of Pacer WealthShield ETF in the fourth quarter valued at about $181,000. Jane Street Group LLC acquired a new stake in Pacer WealthShield ETF in the 4th quarter valued at approximately $229,000. Finally, Lionsbridge Wealth Management LLC bought a new position in Pacer WealthShield ETF during the second quarter worth $290,000.

Pacer WealthShield ETF Price Performance

Shares of BATS PWS opened at $33.25 on Monday. Pacer WealthShield ETF has a 12 month low of $30.85 and a 12 month high of $33.83. The company has a market cap of $28.26 million, a price-to-earnings ratio of 23.24 and a beta of 0.55. The business has a fifty day simple moving average of $32.82 and a 200-day simple moving average of $32.40.

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.