Pacer Advisors Inc. Sells 41,293 Shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM)

Pacer Advisors Inc. trimmed its position in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) by 7.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 529,696 shares of the company’s stock after selling 41,293 shares during the quarter. Pacer Advisors Inc. owned about 64.21% of Pacer Swan SOS Flex (April) ETF worth $15,389,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Commonwealth Equity Services LLC bought a new stake in Pacer Swan SOS Flex (April) ETF during the 2nd quarter valued at approximately $1,255,000.

Pacer Swan SOS Flex (April) ETF Trading Up 0.4 %

Shares of PSFM stock opened at $29.77 on Friday. The firm has a market capitalization of $24.56 million, a price-to-earnings ratio of 23.73 and a beta of 0.56. The stock’s 50 day simple moving average is $29.21 and its 200 day simple moving average is $28.30.

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.