Swan Global Investments LLC Reduces Stake in Pacer Swan SOS Moderate (July) ETF $PSMJ

Swan Global Investments LLC trimmed its position in Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) by 4.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,238,543 shares of the company’s stock after selling 96,789 shares during the period. Pacer Swan SOS Moderate (July) ETF accounts for 2.4% of Swan Global Investments LLC’s portfolio, making the stock its 5th biggest position. Swan Global Investments LLC owned approximately 0.90% of Pacer Swan SOS Moderate (July) ETF worth $71,253,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE bought a new stake in shares of Pacer Swan SOS Moderate (July) ETF during the 3rd quarter valued at $31,000. Premier Private Wealth Management LLC purchased a new stake in shares of Pacer Swan SOS Moderate (July) ETF in the 4th quarter worth about $333,000. OLD Mission Capital LLC bought a new position in shares of Pacer Swan SOS Moderate (July) ETF in the 4th quarter worth about $298,000. JPMorgan Chase & Co. bought a new position in shares of Pacer Swan SOS Moderate (July) ETF in the 3rd quarter worth about $107,000. Finally, Advisory Services Network LLC purchased a new position in Pacer Swan SOS Moderate (July) ETF during the 3rd quarter valued at about $89,000.

Pacer Swan SOS Moderate (July) ETF Price Performance

BATS:PSMJ opened at $33.76 on Monday. Pacer Swan SOS Moderate has a one year low of $30.42 and a one year high of $34.03. The company’s 50-day simple moving average is $33.69 and its 200 day simple moving average is $32.87. The firm has a market capitalization of $84.40 million, a P/E ratio of 25.18 and a beta of 0.48.

About Pacer Swan SOS Moderate (July) ETF

The Pacer Swan SOS Moderate (July) ETF (PSMJ) 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 the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSMJ was launched on Jun 30, 2021 and is managed by Pacer.