Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Stock Price Up 0.1% – Still a Buy?

Pacer Swan SOS Flex (April) ETF (BATS:PSFM)’s share price rose 0.1% during mid-day trading on Friday . The company traded as high as $29.70 and last traded at $29.70. Approximately 256 shares changed hands during mid-day trading, The stock had previously closed at $29.67.

Pacer Swan SOS Flex (April) ETF Stock Performance

The company’s fifty day moving average price is $29.76 and its 200 day moving average price is $28.85. The firm has a market capitalization of $24.65 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

An institutional investor recently raised its position in Pacer Swan SOS Flex (April) ETF stock. Wolverine Trading LLC grew its position in shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) by 34.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,782 shares of the company’s stock after acquiring an additional 6,096 shares during the quarter. Wolverine Trading LLC owned about 2.88% of Pacer Swan SOS Flex (April) ETF worth $689,000 as of its most recent filing with the SEC.

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.