Pacer Advisors Inc. Sells 70,088 Shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD)

Pacer Advisors Inc. trimmed its position in Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 3.3% in the fourth quarter, HoldingsChannel reports. The firm owned 2,047,780 shares of the company’s stock after selling 70,088 shares during the quarter. Pacer Advisors Inc. owned 0.75% of Pacer Swan SOS Moderate (January) ETF worth $59,652,000 as of its most recent SEC filing.

Pacer Swan SOS Moderate (January) ETF Stock Performance

PSMD stock opened at $29.53 on Tuesday. The stock has a market capitalization of $80.61 million, a PE ratio of 24.35 and a beta of 0.52. The stock has a fifty day simple moving average of $29.21 and a two-hundred day simple moving average of $28.64.

Pacer Swan SOS Moderate (January) ETF Company 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.