Pacer PE/VC ETF (NYSEARCA:PEVC) Short Interest Update

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 169 shares, a drop of 94.3% from the April 30th total of 2,970 shares. Based on an average daily trading volume, of 1,269 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold.

Pacer PE/VC ETF Stock Up 1.5%

NYSEARCA PEVC traded up $0.46 during trading hours on Friday, reaching $31.17. 477 shares of the company were exchanged, compared to its average volume of 1,561. Pacer PE/VC ETF has a 1 year low of $24.36 and a 1 year high of $32.21. The business’s 50 day simple moving average is $28.21 and its 200-day simple moving average is $28.34. The stock has a market capitalization of $2.49 million, a P/E ratio of 30.12 and a beta of 1.34.

Institutional Trading of Pacer PE/VC ETF

A hedge fund recently raised its stake in Pacer PE/VC ETF stock. Royal Bank of Canada increased its stake in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,848 shares of the company’s stock after buying an additional 5,269 shares during the period. Royal Bank of Canada owned about 7.31% of Pacer PE/VC ETF worth $152,000 as of its most recent SEC filing.

About Pacer PE/VC ETF

The Pacer PE/VC ETF (PEVC) is an exchange-traded fund that is based on the FTSE PE/VC index. The fund tracks an index that provides access to private equity (PE) buyouts and venture capital (VC) assets through shifting allocations between two sub-indices. Investments focus on US large-cap stocks, aiming to mirror the risk-return characteristics of private markets through equities, ETFs, and futures contracts. PEVC was launched on Feb 3, 2025 and is issued by Pacer.