Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Trading Up 0.4% – Should You Buy?

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) traded up 0.4% during mid-day trading on Monday . The company traded as high as $30.07 and last traded at $30.07. 550 shares were traded during trading, a decline of 73% from the average session volume of 2,063 shares. The stock had previously closed at $29.96.

Pacer Swan SOS Moderate (April) ETF Price Performance

The firm’s fifty day simple moving average is $29.82 and its 200 day simple moving average is $29.37. The company has a market capitalization of $98.63 million, a PE ratio of 25.34 and a beta of 0.48.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pacer Swan SOS Moderate (April) ETF stock. Swan Global Investments LLC raised its stake in Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) by 33.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,590,216 shares of the company’s stock after acquiring an additional 649,938 shares during the quarter. Pacer Swan SOS Moderate (April) ETF makes up approximately 2.1% of Swan Global Investments LLC’s investment portfolio, making the stock its 3rd largest position. Swan Global Investments LLC owned approximately 78.97% of Pacer Swan SOS Moderate (April) ETF worth $73,640,000 at the end of the most recent reporting period.

Pacer Swan SOS Moderate (April) ETF Company Profile

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