Swan Global Investments LLC Raises Stock Position in Pacer Swan SOS Moderate (January) ETF $PSMD

Swan Global Investments LLC grew its stake in shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 12.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,365,077 shares of the company’s stock after buying an additional 270,060 shares during the quarter. Pacer Swan SOS Moderate (January) ETF accounts for 2.5% of Swan Global Investments LLC’s investment portfolio, making the stock its 3rd biggest position. Swan Global Investments LLC owned 0.82% of Pacer Swan SOS Moderate (January) ETF worth $75,422,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in PSMD. Kestra Advisory Services LLC purchased a new position in Pacer Swan SOS Moderate (January) ETF in the fourth quarter worth $122,000. Cornerstone Wealth Group LLC purchased a new stake in Pacer Swan SOS Moderate (January) ETF during the first quarter valued at about $202,000. Sovran Advisors LLC purchased a new stake in Pacer Swan SOS Moderate (January) ETF during the fourth quarter valued at about $240,000. Independent Financial Group LLC purchased a new stake in Pacer Swan SOS Moderate (January) ETF during the first quarter valued at about $288,000. Finally, Cetera Investment Advisers lifted its stake in Pacer Swan SOS Moderate (January) ETF by 21.5% during the fourth quarter. Cetera Investment Advisers now owns 10,845 shares of the company’s stock worth $352,000 after purchasing an additional 1,922 shares during the last quarter.

Pacer Swan SOS Moderate (January) ETF Stock Performance

PSMD opened at $34.37 on Monday. The stock has a 50-day moving average price of $34.17 and a 200-day moving average price of $33.19. Pacer Swan SOS Moderate has a 12-month low of $30.55 and a 12-month high of $34.52. The stock has a market capitalization of $99.67 million, a P/E ratio of 25.75 and a beta of 0.47.

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.