Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Trading 1.6% Higher – Here’s What Happened

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD)’s stock price was up 1.6% during mid-day trading on Tuesday . The stock traded as high as $31.89 and last traded at $31.89. Approximately 837 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 10,302 shares. The stock had previously closed at $31.40.

Pacer Swan SOS Moderate (January) ETF Stock Up 0.4%

The business has a fifty day moving average of $32.44 and a 200 day moving average of $32.18. The firm has a market cap of $93.00 million, a P/E ratio of 25.75 and a beta of 0.47.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP bought a new stake in Pacer Swan SOS Moderate (January) ETF in the 3rd quarter valued at $2,205,000. Sovran Advisors LLC bought a new position in Pacer Swan SOS Moderate (January) ETF during the fourth quarter worth $240,000. OLD Mission Capital LLC boosted its position in Pacer Swan SOS Moderate (January) ETF by 42.9% during the fourth quarter. OLD Mission Capital LLC now owns 19,947 shares of the company’s stock worth $648,000 after purchasing an additional 5,985 shares during the period. Insight Wealth Strategies LLC increased its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 41.8% in the fourth quarter. Insight Wealth Strategies LLC now owns 20,287 shares of the company’s stock valued at $659,000 after purchasing an additional 5,982 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Pacer Swan SOS Moderate (January) ETF in the fourth quarter valued at $122,000.

Pacer Swan SOS Moderate (January) ETF Company Profile

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.