Pacer PE/VC ETF (NYSEARCA:PEVC – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 169 shares, a decline of 94.3% from the April 30th total of 2,970 shares. Based on an average daily volume of 1,269 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are sold short.
Hedge Funds Weigh In On Pacer PE/VC ETF
A hedge fund recently raised its stake in Pacer PE/VC ETF stock. Royal Bank of Canada boosted its stake in shares of Pacer PE/VC ETF (NYSEARCA:PEVC – Free Report) by 910.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 5,848 shares of the company’s stock after acquiring an additional 5,269 shares during the period. Royal Bank of Canada owned about 7.31% of Pacer PE/VC ETF worth $152,000 at the end of the most recent quarter.
Pacer PE/VC ETF Stock Performance
Shares of PEVC traded up $0.32 during trading hours on Thursday, hitting $30.71. The stock had a trading volume of 443 shares, compared to its average volume of 1,572. The firm has a 50-day moving average price of $28.03 and a 200 day moving average price of $28.31. Pacer PE/VC ETF has a fifty-two week low of $24.36 and a fifty-two week high of $32.21. The firm has a market capitalization of $2.46 million, a price-to-earnings ratio of 30.12 and a beta of 1.34.
Pacer PE/VC ETF Company Profile
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.
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