Swan Global Investments LLC Reduces Stock Position in Pacer Swan SOS Moderate (January) ETF $PSMD

Swan Global Investments LLC decreased its position in shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,095,017 shares of the company’s stock after selling 78,753 shares during the quarter. Pacer Swan SOS Moderate (January) ETF makes up 2.0% of Swan Global Investments LLC’s holdings, making the stock its 7th largest holding. Swan Global Investments LLC owned about 72.24% of Pacer Swan SOS Moderate (January) ETF worth $68,025,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Insight Wealth Strategies LLC grew its position in shares of 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 worth $659,000 after buying an additional 5,982 shares in the last quarter. Sovran Advisors LLC bought a new stake in Pacer Swan SOS Moderate (January) ETF during the fourth quarter valued at about $240,000. Finally, Susquehanna International Group LLP bought a new stake in Pacer Swan SOS Moderate (January) ETF during the third quarter valued at about $2,205,000.

Pacer Swan SOS Moderate (January) ETF Price Performance

Shares of PSMD stock opened at $34.05 on Tuesday. Pacer Swan SOS Moderate has a 1-year low of $29.75 and a 1-year high of $34.33. The stock’s 50-day moving average is $33.41 and its 200 day moving average is $32.78. The company has a market cap of $98.75 million, a P/E 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.