Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Shares Up 0.3% – Should You Buy?

Pacer Swan SOS Flex (April) ETF (BATS:PSFM)’s stock price shot up 0.3% on Monday . The company traded as high as $29.32 and last traded at $29.32. 74 shares were traded during mid-day trading, The stock had previously closed at $29.23.

Pacer Swan SOS Flex (April) ETF Price Performance

The company has a 50 day simple moving average of $28.45 and a 200-day simple moving average of $27.74. The firm has a market cap of $24.19 million, a PE ratio of 23.73 and a beta of 0.56.

Institutional Trading of Pacer Swan SOS Flex (April) ETF

A hedge fund recently bought a new stake in Pacer Swan SOS Flex (April) ETF stock. Commonwealth Equity Services LLC purchased a new stake in shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 44,989 shares of the company’s stock, valued at approximately $1,255,000. Commonwealth Equity Services LLC owned 5.45% of Pacer Swan SOS Flex (April) ETF as of its most recent SEC filing.

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.