Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Shares Up 0.4% – Still a Buy?

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) shot up 0.4% during mid-day trading on Wednesday . The stock traded as high as $31.52 and last traded at $31.52. 4,045 shares changed hands during mid-day trading, an increase of 87% from the average session volume of 2,158 shares. The stock had previously closed at $31.40.

Pacer Swan SOS Moderate (April) ETF Trading Up 0.4%

The firm has a 50-day moving average of $30.40 and a 200-day moving average of $29.89. The stock has a market capitalization of $103.39 million, a price-to-earnings ratio of 25.34 and a beta of 0.48.

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

Several hedge funds have recently added to or reduced their stakes in the business. Storen Legacy Partners LLC purchased a new stake in Pacer Swan SOS Moderate (April) ETF in the fourth quarter valued at $1,317,000. OLD Mission Capital LLC boosted its holdings in Pacer Swan SOS Moderate (April) ETF by 170.5% in the fourth quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock valued at $1,016,000 after purchasing an additional 21,493 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Pacer Swan SOS Moderate (April) ETF in the fourth quarter valued at $109,000. LPL Financial LLC boosted its holdings in Pacer Swan SOS Moderate (April) ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock valued at $1,309,000 after purchasing an additional 927 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in Pacer Swan SOS Moderate (April) ETF in the third quarter valued at $2,117,000.

About Pacer Swan SOS Moderate (April) ETF

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.