Pacer Advisors Inc. Sells 42,664 Shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD)

Pacer Advisors Inc. trimmed its stake in Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 1.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,282,990 shares of the company’s stock after selling 42,664 shares during the period. Pacer Advisors Inc. owned 83.63% of Pacer Swan SOS Moderate (January) ETF worth $63,537,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swan Global Investments LLC boosted its holdings in Pacer Swan SOS Moderate (January) ETF by 33.7% during the fourth quarter. Swan Global Investments LLC now owns 1,344,789 shares of the company’s stock valued at $34,736,000 after acquiring an additional 338,649 shares during the period. Commonwealth Equity Services LLC boosted its stake 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 valued at $2,164,000 after purchasing an additional 25,434 shares during the period. Cornerstone Wealth Group LLC acquired a new stake in Pacer Swan SOS Moderate (January) ETF in the 1st quarter valued at approximately $209,000. Finally, Anfield Capital Management LLC acquired a new stake in Pacer Swan SOS Moderate (January) ETF in the 2nd quarter valued at approximately $1,799,000.

Pacer Swan SOS Moderate (January) ETF Stock Performance

Shares of PSMD stock opened at $28.49 on Friday. The firm has a market capitalization of $77.78 million, a price-to-earnings ratio of 24.35 and a beta of 0.52. The stock’s 50 day simple moving average is $28.05 and its 200 day simple moving average is $27.53.

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.