Swan Global Investments LLC Trims Holdings in Pacer Swan SOS Moderate (January) ETF $PSMD

Swan Global Investments LLC reduced its holdings in shares of Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) by 8.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,249,521 shares of the company’s stock after selling 199,476 shares during the period. Pacer Swan SOS Moderate (January) ETF comprises 1.9% of Swan Global Investments LLC’s portfolio, making the stock its 4th biggest position. Swan Global Investments LLC owned about 0.78% of Pacer Swan SOS Moderate (January) ETF worth $68,453,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of PSMD. Pacer Advisors Inc. grew its stake in Pacer Swan SOS Moderate (January) ETF by 19.6% in the first quarter. Pacer Advisors Inc. now owns 2,448,997 shares of the company’s stock worth $70,230,000 after purchasing an additional 401,217 shares in the last quarter. Kestra Advisory Services LLC grew its position in Pacer Swan SOS Moderate (January) ETF by 7.9% during the 1st quarter. Kestra Advisory Services LLC now owns 368,849 shares of the company’s stock worth $10,578,000 after purchasing an additional 27,133 shares during the period. Insight Wealth Strategies LLC grew its position in Pacer Swan SOS Moderate (January) ETF by 41.1% during the 2nd quarter. Insight Wealth Strategies LLC now owns 10,813 shares of the company’s stock worth $329,000 after purchasing an additional 3,151 shares during the period. Finally, Avantax Advisory Services Inc. grew its position in shares of Pacer Swan SOS Moderate (January) ETF by 33.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 11,073 shares of the company’s stock valued at $318,000 after acquiring an additional 2,750 shares during the period.

Pacer Swan SOS Moderate (January) ETF Stock Down 0.1%

BATS:PSMD opened at $31.52 on Monday. Pacer Swan SOS Moderate has a 52 week low of $26.67 and a 52 week high of $30.88. The stock has a market capitalization of $91.39 million, a PE ratio of 25.75 and a beta of 0.47. The stock’s 50-day moving average price is $31.39 and its 200-day moving average price is $30.16.

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.