Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Shares Up 0.5% – Here’s Why

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) shot up 0.5% during mid-day trading on Tuesday . The stock traded as high as $30.38 and last traded at $30.38. 6,288 shares traded hands during mid-day trading, an increase of 297% from the average session volume of 1,583 shares. The stock had previously closed at $30.23.

Pacer Swan SOS Moderate (April) ETF Stock Performance

The stock’s 50 day simple moving average is $30.07 and its 200 day simple moving average is $29.69. The firm has a market cap of $99.78 million, a P/E ratio of 25.34 and a beta of 0.48.

Hedge Funds Weigh In On Pacer Swan SOS Moderate (April) ETF

Hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the third quarter worth approximately $2,117,000. Storen Legacy Partners LLC purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF during the fourth quarter valued at approximately $1,317,000. LPL Financial LLC grew its holdings in Pacer Swan SOS Moderate (April) ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock worth $1,309,000 after buying an additional 927 shares in the last quarter. OLD Mission Capital LLC raised its position in Pacer Swan SOS Moderate (April) ETF by 170.5% in the 4th quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock valued at $1,016,000 after buying an additional 21,493 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in Pacer Swan SOS Moderate (April) ETF in the 4th quarter valued at $109,000.

About Pacer Swan SOS Moderate (April) ETF

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