Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Trading 1.6% Higher – What’s Next?

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) shares traded up 1.6% during mid-day trading on Tuesday . The company traded as high as $31.89 and last traded at $31.89. 837 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 10,302 shares. The stock had previously closed at $31.40.

Pacer Swan SOS Moderate (January) ETF Price Performance

The stock has a market cap of $92.48 million, a price-to-earnings ratio of 25.75 and a beta of 0.47. The company’s 50 day moving average is $32.45 and its 200 day moving average is $32.19.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (January) ETF

Institutional investors have recently modified their holdings of the company. Cetera Investment Advisers increased its stake in Pacer Swan SOS Moderate (January) ETF by 21.5% in the 4th quarter. Cetera Investment Advisers now owns 10,845 shares of the company’s stock valued at $352,000 after purchasing an additional 1,922 shares in the last quarter. Insight Wealth Strategies LLC raised its holdings in Pacer Swan SOS Moderate (January) ETF by 32.3% during the third quarter. Insight Wealth Strategies LLC now owns 14,305 shares of the company’s stock worth $453,000 after purchasing an additional 3,492 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Pacer Swan SOS Moderate (January) ETF during the fourth quarter worth $122,000. OLD Mission Capital LLC grew its holdings in Pacer Swan SOS Moderate (January) ETF by 42.9% in the fourth quarter. OLD Mission Capital LLC now owns 19,947 shares of the company’s stock valued at $648,000 after purchasing an additional 5,985 shares during the last quarter. Finally, Sovran Advisors LLC acquired a new stake in Pacer Swan SOS Moderate (January) ETF in the fourth quarter valued at $240,000.

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.