Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Sees Large Drop in Short Interest

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 3,526 shares, a drop of 89.9% from the April 15th total of 34,761 shares. Based on an average trading volume of 41,307 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Pacer Swan SOS Fund of Funds ETF Trading Up 0.1%

PSFF stock traded up $0.02 during trading on Monday, hitting $33.88. 61,384 shares of the company’s stock were exchanged, compared to its average volume of 71,556. The business has a 50-day moving average price of $32.63 and a two-hundred day moving average price of $32.34. The stock has a market capitalization of $536.32 million, a price-to-earnings ratio of 24.86 and a beta of 0.47. Pacer Swan SOS Fund of Funds ETF has a 52-week low of $29.02 and a 52-week high of $33.91.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Allworth Financial LP lifted its position in Pacer Swan SOS Fund of Funds ETF by 3.3% in the fourth quarter. Allworth Financial LP now owns 1,797,687 shares of the company’s stock valued at $58,119,000 after acquiring an additional 58,145 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 8.3% in the fourth quarter. Cetera Investment Advisers now owns 1,688,291 shares of the company’s stock valued at $54,582,000 after purchasing an additional 129,646 shares during the period. Envestnet Asset Management Inc. raised its position in Pacer Swan SOS Fund of Funds ETF by 5.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,061,619 shares of the company’s stock worth $33,542,000 after buying an additional 53,738 shares during the last quarter. Signal Advisors Wealth LLC boosted its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 0.8% in the fourth quarter. Signal Advisors Wealth LLC now owns 582,221 shares of the company’s stock valued at $18,823,000 after acquiring an additional 4,576 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 12.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 528,378 shares of the company’s stock valued at $17,082,000 after acquiring an additional 60,204 shares in the last quarter.

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.