New Century Financial Group LLC Decreases Stake in Pacer Swan SOS Fund of Funds ETF (BATS:PSFF)

New Century Financial Group LLC cut its stake in shares of Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) by 5.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 297,056 shares of the company’s stock after selling 15,844 shares during the period. Pacer Swan SOS Fund of Funds ETF accounts for approximately 3.5% of New Century Financial Group LLC’s portfolio, making the stock its largest holding. New Century Financial Group LLC owned approximately 2.42% of Pacer Swan SOS Fund of Funds ETF worth $8,255,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Cetera Investment Advisers increased its position in shares of Pacer Swan SOS Fund of Funds ETF by 12.0% in the second quarter. Cetera Investment Advisers now owns 930,001 shares of the company’s stock worth $25,845,000 after purchasing an additional 99,881 shares during the last quarter. Retirement Guys Formula LLC boosted its stake in Pacer Swan SOS Fund of Funds ETF by 6.8% in the first quarter. Retirement Guys Formula LLC now owns 635,844 shares of the company’s stock worth $17,174,000 after buying an additional 40,340 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Pacer Swan SOS Fund of Funds ETF by 11.3% in the second quarter. Envestnet Asset Management Inc. now owns 623,684 shares of the company’s stock worth $17,332,000 after buying an additional 63,417 shares in the last quarter. Cetera Advisors LLC boosted its stake in Pacer Swan SOS Fund of Funds ETF by 256.8% in the first quarter. Cetera Advisors LLC now owns 580,596 shares of the company’s stock worth $15,682,000 after buying an additional 417,860 shares in the last quarter. Finally, Signal Advisors Wealth LLC boosted its stake in Pacer Swan SOS Fund of Funds ETF by 1.8% in the first quarter. Signal Advisors Wealth LLC now owns 567,915 shares of the company’s stock worth $15,339,000 after buying an additional 10,096 shares in the last quarter.

Pacer Swan SOS Fund of Funds ETF Stock Performance

Shares of PSFF opened at $28.74 on Tuesday. The stock has a market capitalization of $352.07 million, a price-to-earnings ratio of 24.50 and a beta of 0.53. The stock has a 50-day moving average price of $28.13 and a 200 day moving average price of $27.59.

Pacer Swan SOS Fund of Funds ETF 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.