Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Stock Falls 0.6% – Time to Sell?

Pacer Swan SOS Flex (April) ETF (BATS:PSFM)’s stock price fell 0.6% during trading on Friday. The company traded as low as $35.74 and last traded at $35.74. 39 shares were traded during trading, a decline of 97% from the average session volume of 1,204 shares. The stock had previously closed at $35.95.

Pacer Swan SOS Flex (April) ETF Price Performance

The firm has a market capitalization of $26.80 million, a PE ratio of 24.41 and a beta of 0.61. The company has a 50-day moving average price of $35.72 and a 200 day moving average price of $34.19.

Institutional Trading of Pacer Swan SOS Flex (April) ETF

An institutional investor recently bought a new stake in Pacer Swan SOS Flex (April) ETF stock. Blue Bell Private Wealth Management LLC purchased a new position in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 74,090 shares of the company’s stock, valued at approximately $2,647,000. Blue Bell Private Wealth Management LLC owned 9.88% of Pacer Swan SOS Flex (April) ETF at the end of the most recent reporting period.

About Pacer Swan SOS Flex (April) ETF

The Pacer Swan SOS Flex (April) ETF (PSFM) 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. PSFM was launched on Mar 31, 2021 and is managed by Pacer.