Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Trading 0.7% Higher – Here’s Why

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) rose 0.7% during trading on Tuesday . The company traded as high as $27.57 and last traded at $27.52. Approximately 16,573 shares changed hands during trading, The stock had previously closed at $27.33.

Pacer Swan SOS Moderate (April) ETF Stock Performance

The stock has a market capitalization of $76.25 million, a P/E ratio of 23.75 and a beta of 0.45. The business has a 50 day simple moving average of $27.25 and a 200-day simple moving average of $26.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC acquired a new position in Pacer Swan SOS Moderate (April) ETF in the second quarter worth approximately $1,964,000. Anfield Capital Management LLC acquired a new position in shares of Pacer Swan SOS Moderate (April) ETF in the 2nd quarter worth $3,305,000. Finally, Pacer Advisors Inc. increased its stake in Pacer Swan SOS Moderate (April) ETF by 73.7% in the 2nd quarter. Pacer Advisors Inc. now owns 2,219,850 shares of the company’s stock worth $58,404,000 after purchasing an additional 941,663 shares in the last quarter.

Pacer Swan SOS Moderate (April) ETF Company Profile

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.