Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Stock Price Up 0.2% – Still a Buy?

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) rose 0.2% on Monday . The stock traded as high as $28.67 and last traded at $28.67. Approximately 39 shares traded hands during trading, The stock had previously closed at $28.62.

Pacer Swan SOS Moderate (January) ETF Stock Performance

The firm has a 50 day moving average of $28.31 and a 200-day moving average of $27.74. The stock has a market capitalization of $78.13 million, a PE ratio of 24.35 and a beta of 0.52.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (January) ETF

Several institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC lifted its position in Pacer Swan SOS Moderate (January) ETF by 46.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 79,907 shares of the company’s stock worth $2,164,000 after buying an additional 25,434 shares in the last quarter. Cornerstone Wealth Group LLC acquired a new stake in shares of Pacer Swan SOS Moderate (January) ETF in the first quarter valued at about $209,000. Finally, Anfield Capital Management LLC bought a new stake in Pacer Swan SOS Moderate (January) ETF during the second quarter worth about $1,799,000.

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.