I'm not complaining about how useless this spell is right now (because it really is), but I have tested it in several situations and it appears to not even remotely do what it describes let alone anything. The spell does nothing but put a "Sleight of Hand Immunity" on the target of the spell similar to that of Jester's Cap.
As you can see, it says you swap hate positions with your target. I tested the spell by only auto attacking a mob while somebody else held aggro and then used Sleight of Hand, my target stopped attacking, and then I proceeded to go all out on the mob. I wasn't able to pull aggro after doing 50% of the mobs HP after using the ability.
I'm just asking that other people test it out, or a Dev confirm that it works... maybe a new spell? Anyways I just want our new spell to work!