Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Trading Up 0.6% – Still a Buy?

Shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) traded up 0.6% during trading on Monday . The stock traded as high as $32.48 and last traded at $32.48. 316 shares were traded during mid-day trading, a decline of 98% from the average session volume of 13,583 shares. The stock had previously closed at $32.30.

Pacer Swan SOS Moderate (January) ETF Price Performance

The stock has a market cap of $94.08 million, a price-to-earnings ratio of 25.75 and a beta of 0.47. The stock’s 50 day simple moving average is $32.65 and its two-hundred day simple moving average is $32.11.

Institutional Trading of Pacer Swan SOS Moderate (January) ETF

Several 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 third quarter valued at about $2,205,000. Sovran Advisors LLC bought a new position in Pacer Swan SOS Moderate (January) ETF during the fourth quarter worth about $240,000. OLD Mission Capital LLC lifted its stake 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 boosted its holdings in Pacer Swan SOS Moderate (January) ETF by 41.8% during 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 in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Pacer Swan SOS Moderate (January) ETF during the fourth quarter valued at approximately $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.