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

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

Pacer Swan SOS Flex (April) ETF Stock Performance

The firm has a fifty day moving average price of $28.54 and a 200 day moving average price of $27.77. The firm has a market capitalization of $24.11 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 bought a new stake in Pacer Swan SOS Flex (April) ETF stock. Commonwealth Equity Services LLC bought a new position in shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 44,989 shares of the company’s stock, valued at approximately $1,255,000. Commonwealth Equity Services LLC owned about 5.45% of Pacer Swan SOS Flex (April) ETF as of its most recent SEC filing.

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.