Pacer US Export Leaders ETF (NYSEARCA:PEXL – Get Free Report) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,394 shares, an increase of 346.8% from the June 15th total of 312 shares. Based on an average daily trading volume, of 1,469 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are short sold.
Pacer US Export Leaders ETF Stock Up 0.5%
Shares of NYSEARCA PEXL traded up $0.36 during midday trading on Friday, hitting $74.35. 5,394 shares of the company’s stock were exchanged, compared to its average volume of 2,335. Pacer US Export Leaders ETF has a 12 month low of $52.23 and a 12 month high of $75.84. The company’s 50 day moving average price is $72.32 and its 200 day moving average price is $65.73. The firm has a market capitalization of $53.53 million, a PE ratio of 21.77 and a beta of 1.25.
Hedge Funds Weigh In On Pacer US Export Leaders ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PEXL. Kestra Advisory Services LLC increased its position in Pacer US Export Leaders ETF by 4.1% during the first quarter. Kestra Advisory Services LLC now owns 4,102 shares of the company’s stock worth $241,000 after acquiring an additional 162 shares during the period. Thoroughbred Financial Services LLC boosted its holdings in Pacer US Export Leaders ETF by 1.4% in the 4th quarter. Thoroughbred Financial Services LLC now owns 13,732 shares of the company’s stock valued at $837,000 after purchasing an additional 185 shares during the period. Signature Equity Partners LLC grew its position in shares of Pacer US Export Leaders ETF by 3.3% during the 1st quarter. Signature Equity Partners LLC now owns 5,907 shares of the company’s stock worth $347,000 after purchasing an additional 187 shares in the last quarter. Citadel Advisors LLC grew its position in shares of Pacer US Export Leaders ETF by 18.4% during the 3rd quarter. Citadel Advisors LLC now owns 7,169 shares of the company’s stock worth $411,000 after purchasing an additional 1,116 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Pacer US Export Leaders ETF by 22.0% during the second quarter. Cetera Investment Advisers now owns 8,514 shares of the company’s stock worth $442,000 after purchasing an additional 1,537 shares during the period.
About Pacer US Export Leaders ETF
The Pacer US Export Leaders ETF (PEXL) is an exchange-traded fund that is based on the Pacer US Export Leaders ETF index. The fund tracks an equally-weighted index of large- and mid-cap US stocks selected based on foreign sales and free cash flow growth. PEXL was launched on Jul 23, 2018 and is managed by Pacer.
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