Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Shares Climb 0.1% – Here’s Why

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) rose 0.1% during trading on Thursday. The company traded as high as $35.38 and last traded at $35.38. 579 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 4,347 shares. The stock had previously closed at $35.33.

Pacer Swan SOS Moderate (January) ETF Price Performance

The stock has a market cap of $102.60 million, a P/E ratio of 25.75 and a beta of 0.47. The firm’s 50 day moving average price is $35.10 and its 200-day moving average price is $34.30.

Institutional Trading of Pacer Swan SOS Moderate (January) ETF

Large investors have recently made changes to their positions in the stock. Pacer Advisors Inc. lifted its stake in shares of Pacer Swan SOS Moderate (January) ETF by 15.1% in the 1st quarter. Pacer Advisors Inc. now owns 2,365,077 shares of the company’s stock worth $75,422,000 after purchasing an additional 310,777 shares during the period. Swan Global Investments LLC raised its holdings in Pacer Swan SOS Moderate (January) ETF by 12.9% in the 1st quarter. Swan Global Investments LLC now owns 2,365,077 shares of the company’s stock worth $75,422,000 after purchasing an additional 270,060 shares during the period. Insight Wealth Strategies LLC lifted its position in Pacer Swan SOS Moderate (January) ETF by 55.6% during the second quarter. Insight Wealth Strategies LLC now owns 40,170 shares of the company’s stock valued at $1,378,000 after purchasing an additional 14,351 shares in the last quarter. Independent Financial Group LLC purchased a new stake in Pacer Swan SOS Moderate (January) ETF in the first quarter worth about $288,000. Finally, Cornerstone Wealth Group LLC purchased a new stake in Pacer Swan SOS Moderate (January) ETF in the 1st quarter worth approximately $202,000.

About Pacer Swan SOS Moderate (January) ETF

The Pacer Swan SOS Moderate (January) ETF (PSMD) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSMD was launched on Dec 22, 2020 and is managed by Pacer.