Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Stock Price Down 0.1% – Should You Sell?

Shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) fell 0.1% during mid-day trading on Monday . The company traded as low as $32.01 and last traded at $32.01. 1,228 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 1,368 shares. The stock had previously closed at $32.0508.

Pacer Swan SOS Flex (April) ETF Stock Performance

The stock has a fifty day moving average of $31.80 and a 200 day moving average of $31.28. The company has a market capitalization of $24.01 million, a P/E ratio of 24.41 and a beta of 0.61.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Pacer Swan SOS Flex (April) ETF stock. Citadel Advisors LLC purchased a new position in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,893 shares of the company’s stock, valued at approximately $309,000. Citadel Advisors LLC owned approximately 1.32% of Pacer Swan SOS Flex (April) ETF as of its most recent filing with the Securities and Exchange Commission.

Pacer Swan SOS Flex (April) ETF Company Profile

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