Shares of PACS Group, Inc. (NYSE:PACS - Get Free Report) dropped 0.6% on Wednesday . The company traded as low as $12.03 and last traded at $12.37. Approximately 768,757 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 808,942 shares. The stock had previously closed at $12.45.
PACS Group Price Performance
The stock has a 50 day simple moving average of $11.52 and a two-hundred day simple moving average of $11.83.
Hedge Funds Weigh In On PACS Group
Hedge funds and other institutional investors have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of PACS Group in the 4th quarter valued at about $47,000. Jones Financial Companies Lllp bought a new stake in shares of PACS Group in the 1st quarter valued at about $64,000. KLP Kapitalforvaltning AS bought a new stake in shares of PACS Group in the 4th quarter valued at about $126,000. ProShare Advisors LLC grew 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 during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of PACS Group in the 4th quarter valued at about $161,000.
PACS Group Company Profile
(
Get 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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