Pacer Swan SOS Moderate (June) ETF (MJUN) is an exchange-traded fund in the Defined Outcome category. It has $1.61M in assets and an expense ratio of 0.49%. The fund is an actively managed exchange-traded fund (“ETF”) that, under normal market conditions, invests substantially all of its assets in FLexible EXchange® Options (“FLEX Options”) that reference the share price return of the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). The fund uses FLEX Options to employ a “structured outcome strategy.” Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index…