Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Shares Up 0.2% – Here’s What Happened

Shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) shot up 0.2% during mid-day trading on Tuesday . The company traded as high as $32.19 and last traded at $32.19. 12,728 shares traded hands during mid-day trading, an increase of 1,327% from the average session volume of 892 shares. The stock had previously closed at $32.12.

Pacer Swan SOS Flex (April) ETF Stock Performance

The firm has a 50 day simple moving average of $31.96 and a two-hundred day simple moving average of $31.45. The stock has a market cap of $24.14 million, a P/E ratio of 24.41 and a beta of 0.61.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Anfield Capital Management LLC acquired a new position in shares of Pacer Swan SOS Flex (April) ETF during the 2nd quarter valued at $374,000. Citadel Advisors LLC acquired a new position in Pacer Swan SOS Flex (April) ETF during the third quarter worth about $309,000. Finally, Kestra Advisory Services LLC bought a new stake in Pacer Swan SOS Flex (April) ETF in the fourth quarter worth about $71,000.

About Pacer Swan SOS Flex (April) ETF

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.