Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Stock Price Up 0.4% – Here’s Why

Pacer Swan SOS Flex (April) ETF (BATS:PSFM)’s share price shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $30.31 and last traded at $30.31. 3,543 shares changed hands during trading, an increase of 165% from the average session volume of 1,338 shares. The stock had previously closed at $30.19.

Pacer Swan SOS Flex (April) ETF Price Performance

The stock has a market cap of $22.73 million, a price-to-earnings ratio of 24.41 and a beta of 0.61. The business has a fifty day moving average of $29.39 and a 200 day moving average of $29.39.

Hedge Funds Weigh In On Pacer Swan SOS Flex (April) ETF

A number of institutional investors have recently modified their holdings of the company. Townsquare Capital LLC boosted its holdings in shares of Pacer Swan SOS Flex (April) ETF by 4.2% during the 4th quarter. Townsquare Capital LLC now owns 19,365 shares of the company’s stock worth $575,000 after buying an additional 784 shares during the period. OLD Mission Capital LLC bought a new position in Pacer Swan SOS Flex (April) ETF in the 4th quarter worth $589,000. Finally, Armis Advisers LLC acquired a new position in Pacer Swan SOS Flex (April) ETF during the 4th quarter worth $668,000.

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.