Sykon Capital LLC Purchases New Position in Pacer Swan SOS Moderate (October) ETF (BATS:PSMO)

Sykon Capital LLC bought a new position in shares of Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 218,401 shares of the company’s stock, valued at approximately $5,508,000. Pacer Swan SOS Moderate (October) ETF accounts for 2.2% of Sykon Capital LLC’s portfolio, making the stock its 13th largest position. Sykon Capital LLC owned about 17.20% of Pacer Swan SOS Moderate (October) ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PSMO. Pacer Advisors Inc. boosted its position in shares of Pacer Swan SOS Moderate (October) ETF by 15.5% in the 4th quarter. Pacer Advisors Inc. now owns 1,236,959 shares of the company’s stock worth $31,196,000 after purchasing an additional 166,199 shares in the last quarter. Lincoln National Corp boosted its position in shares of Pacer Swan SOS Moderate (October) ETF by 64.9% in the 3rd quarter. Lincoln National Corp now owns 15,125 shares of the company’s stock worth $358,000 after purchasing an additional 5,950 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its position in shares of Pacer Swan SOS Moderate (October) ETF by 2.4% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 21,106 shares of the company’s stock worth $532,000 after purchasing an additional 500 shares in the last quarter.

Pacer Swan SOS Moderate (October) ETF Stock Performance

PSMO stock traded up $0.13 during midday trading on Friday, hitting $26.21. The company’s stock had a trading volume of 1,631 shares. The business has a 50 day simple moving average of $26.00 and a 200-day simple moving average of $25.25. The stock has a market capitalization of $42.72 million, a P/E ratio of 24.41 and a beta of 0.39.

Pacer Swan SOS Moderate (October) ETF Company Profile

The Pacer Swan SOS Moderate (October) ETF (PSMO) is an exchange-traded fund that mostly invests in large cap equity. 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. PSMO was launched on Sep 30, 2021 and is managed by Pacer.