Pacer PE/VC ETF (NYSEARCA:PEVC – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 297 shares, a growth of 75.7% from the May 14th total of 169 shares. Based on an average trading volume of 164 shares, the short-interest ratio is currently 1.8 days. Currently, 0.4% of the company’s stock are sold short.
Pacer PE/VC ETF Trading Down 0.3%
Shares of PEVC stock traded down $0.08 during midday trading on Tuesday, reaching $29.92. 155 shares of the stock were exchanged, compared to its average volume of 1,429. Pacer PE/VC ETF has a 1 year low of $24.36 and a 1 year high of $32.21. The company’s 50 day moving average is $29.18 and its two-hundred day moving average is $28.47. The firm has a market cap of $2.39 million, a PE ratio of 30.12 and a beta of 1.36.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada grew its position in shares of Pacer PE/VC ETF (NYSEARCA:PEVC – Free Report) by 910.0% during the first quarter, according to its most recent filing 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 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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