Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Stock Price Up 0.4% – Still a Buy?

Shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) rose 0.4% on Wednesday . The stock traded as high as $33.43 and last traded at $33.40. Approximately 5,585 shares changed hands during trading, a decline of 37% from the average daily volume of 8,867 shares. The stock had previously closed at $33.27.

Pacer Swan SOS Moderate (January) ETF Price Performance

The firm has a market capitalization of $96.86 million, a PE ratio of 25.75 and a beta of 0.47. The firm has a fifty day moving average price of $32.46 and a 200 day moving average price of $32.31.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Susquehanna International Group LLP purchased a new position in Pacer Swan SOS Moderate (January) ETF during the 3rd quarter valued at about $2,205,000. Sovran Advisors LLC purchased a new position in Pacer Swan SOS Moderate (January) ETF during the 4th quarter valued at about $240,000. Cornerstone Wealth Group LLC purchased a new position in Pacer Swan SOS Moderate (January) ETF during the 1st quarter valued at about $202,000. OLD Mission Capital LLC grew its stake in Pacer Swan SOS Moderate (January) ETF by 42.9% during the 4th quarter. OLD Mission Capital LLC now owns 19,947 shares of the company’s stock valued at $648,000 after acquiring an additional 5,985 shares in the last quarter. Finally, Insight Wealth Strategies LLC grew its stake in Pacer Swan SOS Moderate (January) ETF by 41.8% during the 4th quarter. Insight Wealth Strategies LLC now owns 20,287 shares of the company’s stock valued at $659,000 after acquiring an additional 5,982 shares in the last quarter.

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.