Pacer PE/VC ETF (NYSEARCA:PEVC – Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 155 shares, a drop of 47.8% from the May 31st total of 297 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 335 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Trading of Pacer PE/VC ETF
An institutional investor recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada grew its stake in Pacer PE/VC ETF (NYSEARCA:PEVC – Free Report) by 910.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,848 shares of the company’s stock after purchasing an additional 5,269 shares during the period. Royal Bank of Canada owned approximately 7.31% of Pacer PE/VC ETF worth $152,000 at the end of the most recent reporting period.
Pacer PE/VC ETF Stock Up 0.0%
Shares of Pacer PE/VC ETF stock traded up $0.01 on Thursday, reaching $30.12. The company’s stock had a trading volume of 15 shares, compared to its average volume of 1,315. The stock has a 50-day moving average price of $29.59 and a 200-day moving average price of $28.48. The company has a market capitalization of $2.41 million, a P/E ratio of 30.12 and a beta of 1.39. Pacer PE/VC ETF has a 52-week low of $24.36 and a 52-week high of $32.21.
About Pacer PE/VC ETF
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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