Pacer PE/VC ETF (NYSEARCA:PEVC – Get Free Report) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 429 shares, an increase of 1,765.2% from the June 30th total of 23 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 545 shares, the days-to-cover ratio is presently 0.8 days.
Pacer PE/VC ETF Stock Up 0.1%
Shares of NYSEARCA:PEVC traded up $0.04 on Friday, hitting $29.52. The company had a trading volume of 11 shares, compared to its average volume of 1,223. The firm’s 50-day simple moving average is $29.91 and its two-hundred day simple moving average is $28.60. Pacer PE/VC ETF has a 1 year low of $24.36 and a 1 year high of $32.21. The firm has a market capitalization of $2.36 million, a price-to-earnings ratio of 30.12 and a beta of 1.39.
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 raised 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 Form 13F filing with the Securities and Exchange Commission. The fund owned 5,848 shares of the company’s stock after buying an additional 5,269 shares during the quarter. 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 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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