Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Shares Up 0.1% – Time to Buy?

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) shares traded up 0.1% during mid-day trading on Thursday . The company traded as high as $34.30 and last traded at $34.30. 300 shares were traded during mid-day trading, a decline of 96% from the average session volume of 6,905 shares. The stock had previously closed at $34.26.

Pacer Swan SOS Moderate (January) ETF Stock Up 0.1%

The company has a market cap of $99.47 million, a PE ratio of 25.75 and a beta of 0.47. The business’s fifty day moving average is $33.33 and its 200-day moving average is $32.75.

Hedge Funds Weigh In On Pacer Swan SOS Moderate (January) ETF

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

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.