Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Trading Up 0.3% – Here’s Why

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) rose 0.3% during trading on Monday . The stock traded as high as $29.32 and last traded at $29.32. Approximately 74 shares traded hands during mid-day trading, The stock had previously closed at $29.23.

Pacer Swan SOS Flex (April) ETF Price Performance

The stock has a fifty day moving average price of $28.54 and a two-hundred day moving average price of $27.77. The company has a market cap of $24.11 million, a P/E ratio of 23.73 and a beta of 0.56.

Institutional Investors Weigh In On Pacer Swan SOS Flex (April) ETF

An institutional investor recently bought a new position in Pacer Swan SOS Flex (April) ETF stock. Commonwealth Equity Services LLC bought a new position in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 44,989 shares of the company’s stock, valued at approximately $1,255,000. Commonwealth Equity Services LLC owned 5.45% of Pacer Swan SOS Flex (April) ETF at the end of the most recent reporting period.

Pacer Swan SOS Flex (April) ETF Company Profile

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.