Pacer Swan SOS Moderate (January) ETF $PSMD Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. reduced its stake in shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,054,300 shares of the company’s stock after selling 119,470 shares during the period. Pacer Advisors Inc. owned about 0.71% of Pacer Swan SOS Moderate (January) ETF worth $66,693,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Sovran Advisors LLC acquired a new position in shares of Pacer Swan SOS Moderate (January) ETF in the 4th quarter valued at about $240,000. Insight Wealth Strategies LLC boosted its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 41.8% in the 4th quarter. Insight Wealth Strategies LLC now owns 20,287 shares of the company’s stock valued at $659,000 after buying an additional 5,982 shares during the period. Finally, Susquehanna International Group LLP acquired a new position in shares of Pacer Swan SOS Moderate (January) ETF in the 3rd quarter valued at about $2,205,000.

Pacer Swan SOS Moderate (January) ETF Stock Performance

BATS PSMD opened at $33.96 on Thursday. Pacer Swan SOS Moderate has a one year low of $29.27 and a one year high of $33.96. The company has a 50-day simple moving average of $32.73 and a 200-day simple moving average of $32.50. The firm has a market capitalization of $98.48 million, a PE ratio of 25.75 and a beta of 0.47.

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.