Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Stock Price Up 0.1% – Should You Buy?

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR)’s stock price traded up 0.1% on Friday . The stock traded as high as $28.03 and last traded at $27.94. 2,197 shares traded hands during trading, The stock had previously closed at $27.92.

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

The stock has a fifty day simple moving average of $27.97 and a 200-day simple moving average of $27.20. The stock has a market cap of $76.60 million, a price-to-earnings ratio of 23.75 and a beta of 0.45.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Commonwealth Equity Services LLC acquired a new stake in Pacer Swan SOS Moderate (April) ETF during the second quarter worth $1,964,000. Pacer Advisors Inc. lifted its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 73.7% during the 2nd quarter. Pacer Advisors Inc. now owns 2,219,850 shares of the company’s stock worth $58,404,000 after acquiring an additional 941,663 shares during the period. Copley Financial Group Inc. acquired a new stake in shares of Pacer Swan SOS Moderate (April) ETF during the 3rd quarter valued at about $42,000. Finally, Brass Tax Wealth Management Inc. increased its stake in Pacer Swan SOS Moderate (April) ETF by 13.7% in the third quarter. Brass Tax Wealth Management Inc. now owns 86,801 shares of the company’s stock valued at $2,377,000 after acquiring an additional 10,467 shares during the period.

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.