Assenagon Asset Management S.A. lifted its stake in shares of PACS Group, Inc. (NYSE:PACS - Free Report) by 107.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 122,357 shares of the company's stock after acquiring an additional 63,495 shares during the period. Assenagon Asset Management S.A. owned approximately 0.08% of PACS Group worth $1,375,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in PACS. State of Wyoming bought a new stake in PACS Group in the fourth quarter worth $47,000. KLP Kapitalforvaltning AS bought a new position in shares of PACS Group during the fourth quarter valued at about $126,000. GAMMA Investing LLC raised its stake in shares of PACS Group by 2,363.1% during the first quarter. GAMMA Investing LLC now owns 12,488 shares of the company's stock valued at $140,000 after acquiring an additional 11,981 shares during the last quarter. Savant Capital LLC bought a new position in shares of PACS Group during the fourth quarter valued at about $142,000. Finally, ProShare Advisors LLC increased its position in shares of PACS Group by 45.4% during the fourth quarter. ProShare Advisors LLC now owns 10,855 shares of the company's stock valued at $142,000 after buying an additional 3,391 shares during the period.
PACS Group Price Performance
Shares of NYSE PACS traded down $0.05 during midday trading on Friday, hitting $13.25. 1,435,751 shares of the company traded hands, compared to its average volume of 810,197. PACS Group, Inc. has a 12-month low of $8.28 and a 12-month high of $43.92. The stock has a 50-day moving average price of $10.25 and a 200 day moving average price of $11.99.
About PACS Group
(
Free Report)
PACS Group, Inc, through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. The company also provides senior care and independent facilities. It engages in the acquisition, ownership, and leasing of health care-related properties. The company was founded in 2013 and is based in Farmington, Utah.
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