Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Trading Up 0.5% – Still a Buy?

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) shares were up 0.5% during mid-day trading on Thursday . The stock traded as high as $33.36 and last traded at $33.33. Approximately 8,902 shares were traded during mid-day trading, an increase of 561% from the average daily volume of 1,346 shares. The stock had previously closed at $33.16.

Pacer Swan SOS Flex (April) ETF Price Performance

The stock has a market capitalization of $25.00 million, a price-to-earnings ratio of 24.41 and a beta of 0.61. The firm’s fifty day moving average is $32.24 and its 200-day moving average is $31.77.

Institutional Trading of Pacer Swan SOS Flex (April) ETF

Several institutional investors have recently added to or reduced their stakes in PSFM. Anfield Capital Management LLC raised its holdings in Pacer Swan SOS Flex (April) ETF by 13.3% in the third quarter. Anfield Capital Management LLC now owns 14,038 shares of the company’s stock valued at $438,000 after acquiring an additional 1,650 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Pacer Swan SOS Flex (April) ETF in the third quarter valued at $309,000. Finally, Kestra Advisory Services LLC acquired a new stake in Pacer Swan SOS Flex (April) ETF in the fourth quarter valued at $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.