Pacer Advisors Inc. Lowers Holdings in Pacer Swan SOS Moderate (January) ETF $PSMD

Pacer Advisors Inc. decreased its position in shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 5.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,054,300 shares of the company’s stock after selling 119,470 shares during the quarter. Pacer Advisors Inc. owned approximately 0.71% of Pacer Swan SOS Moderate (January) ETF worth $66,693,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in Pacer Swan SOS Moderate (January) ETF in the fourth quarter worth approximately $122,000. Sovran Advisors LLC bought a new position in shares of Pacer Swan SOS Moderate (January) ETF during the 4th quarter worth approximately $240,000. Cetera Investment Advisers grew its holdings in Pacer Swan SOS Moderate (January) ETF by 21.5% in the fourth quarter. Cetera Investment Advisers now owns 10,845 shares of the company’s stock worth $352,000 after purchasing an additional 1,922 shares during the last quarter. OLD Mission Capital LLC grew its stake in Pacer Swan SOS Moderate (January) ETF by 42.9% during the 4th quarter. OLD Mission Capital LLC now owns 19,947 shares of the company’s stock worth $648,000 after buying an additional 5,985 shares during the last quarter. Finally, Insight Wealth Strategies LLC increased its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 41.8% during the fourth quarter. Insight Wealth Strategies LLC now owns 20,287 shares of the company’s stock valued at $659,000 after acquiring an additional 5,982 shares in the last quarter.

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

BATS:PSMD opened at $34.24 on Friday. The company has a market capitalization of $99.30 million, a P/E ratio of 25.75 and a beta of 0.47. Pacer Swan SOS Moderate has a 12 month low of $29.75 and a 12 month high of $34.34. The firm has a fifty day simple moving average of $33.76 and a 200-day simple moving average of $32.90.

Pacer Swan SOS Moderate (January) ETF 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.