Envestnet Asset Management Inc. Boosts Stock Position in Pacer Swan SOS Fund of Funds ETF (BATS:PSFF)

Envestnet Asset Management Inc. grew its stake in shares of Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) by 29.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 971,342 shares of the company’s stock after buying an additional 223,477 shares during the period. Envestnet Asset Management Inc. owned 6.52% of Pacer Swan SOS Fund of Funds ETF worth $27,732,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PSFF. JPMorgan Chase & Co. increased its stake in Pacer Swan SOS Fund of Funds ETF by 911.5% in the 4th quarter. JPMorgan Chase & Co. now owns 2,640 shares of the company’s stock worth $77,000 after acquiring an additional 2,379 shares during the last quarter. Fiduciary Financial Group LLC increased its stake in Pacer Swan SOS Fund of Funds ETF by 3.8% in the 1st quarter. Fiduciary Financial Group LLC now owns 9,781 shares of the company’s stock worth $270,000 after acquiring an additional 361 shares during the last quarter. 49 Wealth Management LLC bought a new stake in Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth approximately $271,000. Novem Group bought a new stake in Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth approximately $272,000. Finally, Triumph Capital Management increased its stake in Pacer Swan SOS Fund of Funds ETF by 8.3% in the 4th quarter. Triumph Capital Management now owns 12,219 shares of the company’s stock worth $358,000 after acquiring an additional 936 shares during the last quarter.

Pacer Swan SOS Fund of Funds ETF Price Performance

BATS:PSFF opened at $30.61 on Tuesday. The stock’s 50 day simple moving average is $29.78 and its two-hundred day simple moving average is $29.24. Pacer Swan SOS Fund of Funds ETF has a 1 year low of $26.30 and a 1 year high of $30.77. The company has a market cap of $484.48 million, a price-to-earnings 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.