Y Intercept Hong Kong Ltd Has $614,000 Stake in PACS Group, Inc. (NYSE:PACS)

Key Points

• Y Intercept Hong Kong Ltd has increased its stake in PACS Group, Inc. by 138.8%, now owning 54,584 shares valued at approximately $614,000.
• Other institutional investors, including JPMorgan Chase and Teacher Retirement System of Texas, have also significantly increased their holdings in PACS Group during the fourth quarter.
• PACS Group's stock is currently trading at $11.70, showing a 2.4% increase, with a 52-week range from $8.28 to $43.92.

Y Intercept Hong Kong Ltd raised its holdings in PACS Group, Inc. (NYSE:PACS - Free Report) by 138.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 54,584 shares of the company's stock after acquiring an additional 31,728 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in PACS Group were worth $614,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PACS. State of Wyoming acquired a new position in PACS Group during the fourth quarter valued at approximately $47,000. KLP Kapitalforvaltning AS bought a new position in shares of PACS Group during the fourth quarter worth $126,000. GAMMA Investing LLC grew its holdings in shares of PACS Group by 2,363.1% in the 1st quarter. GAMMA Investing LLC now owns 12,488 shares of the company's stock valued at $140,000 after buying an additional 11,981 shares during the period. ProShare Advisors LLC increased its position in shares of PACS Group by 45.4% in the 4th 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 in the last quarter. Finally, XTX Topco Ltd acquired a new stake in PACS Group during the 4th quarter worth $161,000.

PACS Group Stock Up 1.2%

NYSE:PACS traded up $0.14 on Monday, reaching $11.83. The company's stock had a trading volume of 570,546 shares, compared to its average volume of 555,810. PACS Group, Inc. has a 1-year low of $8.28 and a 1-year high of $43.92. The business's 50-day moving average price is $11.60 and its two-hundred day moving average price is $11.76.

About PACS Group

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.