Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Stock Price Down 0.5% – Should You Sell?

Pacer Swan SOS Flex (April) ETF (BATS:PSFM)’s share price was down 0.5% during trading on Monday . The company traded as low as $30.40 and last traded at $30.14. Approximately 2,879 shares traded hands during mid-day trading, The stock had previously closed at $30.29.

Pacer Swan SOS Flex (April) ETF Price Performance

The firm has a 50-day moving average price of $29.97 and a two-hundred day moving average price of $29.11. The company has a market capitalization of $25.00 million, a price-to-earnings ratio of 23.73 and a beta of 0.56.

Hedge Funds Weigh In On Pacer Swan SOS Flex (April) ETF

A hedge fund recently raised its stake in Pacer Swan SOS Flex (April) ETF stock. Wolverine Trading LLC raised its holdings in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) by 34.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,782 shares of the company’s stock after buying an additional 6,096 shares during the period. Wolverine Trading LLC owned 2.88% of Pacer Swan SOS Flex (April) ETF worth $689,000 at the end of the most recent reporting period.

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.