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

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD)’s stock price was up 0.1% during trading on Thursday. The company traded as high as $35.38 and last traded at $35.38. 579 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 4,347 shares. The stock had previously closed at $35.33.

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

The firm has a market capitalization of $102.60 million, a P/E ratio of 25.75 and a beta of 0.47. The firm has a 50 day moving average price of $35.10 and a 200-day moving average price of $34.30.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PSMD. Insight Wealth Strategies LLC lifted its stake in shares of Pacer Swan SOS Moderate (January) ETF by 16.3% during the 3rd quarter. Insight Wealth Strategies LLC now owns 46,716 shares of the company’s stock worth $1,643,000 after acquiring an additional 6,546 shares during the last quarter. Pacer Advisors Inc. boosted its position in Pacer Swan SOS Moderate (January) ETF by 15.1% in the 1st quarter. Pacer Advisors Inc. now owns 2,365,077 shares of the company’s stock valued at $75,422,000 after buying an additional 310,777 shares during the period. Cetera Investment Advisers increased its position in shares of Pacer Swan SOS Moderate (January) ETF by 3.0% during the first quarter. Cetera Investment Advisers now owns 11,172 shares of the company’s stock worth $356,000 after acquiring an additional 327 shares during the period. Swan Global Investments LLC boosted its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 12.9% in the first quarter. Swan Global Investments LLC now owns 2,365,077 shares of the company’s stock valued at $75,422,000 after purchasing an additional 270,060 shares during the period. Finally, Independent Financial Group LLC purchased a new position in Pacer Swan SOS Moderate (January) ETF during the 1st quarter worth $288,000.

About Pacer Swan SOS Moderate (January) ETF

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.