Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Trading 0.2% Higher – Should You Buy?

Shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) traded up 0.2% on Friday . The stock traded as high as $34.50 and last traded at $34.50. 9 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 5,869 shares. The stock had previously closed at $34.43.

Pacer Swan SOS Moderate (January) ETF Stock Up 0.2%

The firm has a fifty day moving average price of $34.10 and a 200-day moving average price of $33.12. The firm has a market cap of $100.05 million, a price-to-earnings ratio of 25.75 and a beta of 0.47.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (January) ETF

A number of institutional investors have recently bought and sold shares of the stock. Insight Wealth Strategies LLC raised its stake 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 worth $1,378,000 after purchasing an additional 14,351 shares during the period. Pacer Advisors Inc. increased its stake in Pacer Swan SOS Moderate (January) ETF by 15.1% during the first quarter. Pacer Advisors Inc. now owns 2,365,077 shares of the company’s stock worth $75,422,000 after acquiring an additional 310,777 shares during the last quarter. Cetera Investment Advisers raised its holdings in Pacer Swan SOS Moderate (January) ETF by 3.0% in the first quarter. Cetera Investment Advisers now owns 11,172 shares of the company’s stock valued at $356,000 after buying an additional 327 shares during the period. Swan Global Investments LLC lifted its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 12.9% during the 1st quarter. Swan Global Investments LLC now owns 2,365,077 shares of the company’s stock valued at $75,422,000 after acquiring an additional 270,060 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new position in shares of Pacer Swan SOS Moderate (January) ETF during the first quarter worth about $288,000.

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.