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

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 155 shares, a decrease of 47.8% from the May 31st total of 297 shares. Based on an average daily volume of 335 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Pacer PE/VC ETF

An institutional investor recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada boosted its stake in Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,848 shares of the company’s stock after acquiring an additional 5,269 shares during the quarter. Royal Bank of Canada owned 7.31% of Pacer PE/VC ETF worth $152,000 as of its most recent SEC filing.

Pacer PE/VC ETF Stock Performance

Shares of PEVC stock opened at $29.56 on Tuesday. Pacer PE/VC ETF has a 52 week low of $24.36 and a 52 week high of $32.21. The company’s 50 day moving average price is $29.51 and its two-hundred day moving average price is $28.47. The company has a market capitalization of $2.36 million, a P/E ratio of 30.12 and a beta of 1.36.

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.