Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Stock Price Up 2.6% – Time to Buy?

Shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) shot up 2.6% on Tuesday . The company traded as high as $28.86 and last traded at $29.62. 5,155 shares were traded during trading, a decline of 21% from the average session volume of 6,563 shares. The stock had previously closed at $28.87.

Pacer Swan SOS Moderate (January) ETF Price Performance

The firm has a market cap of $88.87 million, a price-to-earnings ratio of 25.75 and a beta of 0.47. The business’s 50-day moving average price is $28.49 and its two-hundred day moving average price is $28.99.

Institutional Trading of Pacer Swan SOS Moderate (January) ETF

A number of hedge funds have recently made changes to their positions in PSMD. Bravias Capital Group LLC acquired a new stake in shares of Pacer Swan SOS Moderate (January) ETF during the fourth quarter worth approximately $603,000. LPL Financial LLC grew its position in shares of Pacer Swan SOS Moderate (January) ETF by 29.5% during the fourth quarter. LPL Financial LLC now owns 14,028 shares of the company’s stock worth $409,000 after buying an additional 3,193 shares in the last quarter. Insight Wealth Strategies LLC acquired a new stake in shares of Pacer Swan SOS Moderate (January) ETF during the first quarter worth approximately $220,000. Avantax Advisory Services Inc. grew its position in shares of Pacer Swan SOS Moderate (January) ETF by 33.0% during the first quarter. Avantax Advisory Services Inc. now owns 11,073 shares of the company’s stock worth $318,000 after buying an additional 2,750 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of Pacer Swan SOS Moderate (January) ETF by 19.6% during the first quarter. Pacer Advisors Inc. now owns 2,448,997 shares of the company’s stock worth $70,230,000 after buying an additional 401,217 shares in 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.