Pacer Advisors Inc. Purchases 310,777 Shares of Pacer Swan SOS Moderate (January) ETF $PSMD

Pacer Advisors Inc. lifted its position in shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 15.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,365,077 shares of the company’s stock after buying an additional 310,777 shares during the quarter. Pacer Advisors Inc. owned approximately 0.82% of Pacer Swan SOS Moderate (January) ETF worth $75,422,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PSMD. Swan Global Investments LLC raised its holdings in Pacer Swan SOS Moderate (January) ETF by 12.9% during the first quarter. Swan Global Investments LLC now owns 2,365,077 shares of the company’s stock valued at $75,422,000 after acquiring an additional 270,060 shares during the period. Cetera Investment Advisers boosted its stake in shares of Pacer Swan SOS Moderate (January) ETF by 3.0% in the first quarter. Cetera Investment Advisers now owns 11,172 shares of the company’s stock worth $356,000 after acquiring an additional 327 shares during the period. Independent Financial Group LLC purchased a new stake in shares of Pacer Swan SOS Moderate (January) ETF during the first quarter worth about $288,000. Kestra Advisory Services LLC grew its position in shares of Pacer Swan SOS Moderate (January) ETF by 76.8% during the first quarter. Kestra Advisory Services LLC now owns 6,630 shares of the company’s stock worth $211,000 after purchasing an additional 2,880 shares in the last quarter. Finally, Cornerstone Wealth Group LLC bought a new stake in Pacer Swan SOS Moderate (January) ETF during the 1st quarter valued at approximately $202,000.

Pacer Swan SOS Moderate (January) ETF Stock Performance

BATS PSMD opened at $34.53 on Monday. The stock’s 50 day moving average is $34.25 and its 200 day moving average is $33.32. Pacer Swan SOS Moderate has a 12 month low of $30.55 and a 12 month high of $34.53. The stock has a market cap of $100.14 million, a PE ratio of 25.75 and a beta of 0.47.

Pacer Swan SOS Moderate (January) ETF Company Profile

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.