Pacer US Export Leaders ETF (NYSEARCA:PEXL) Short Interest Update

Pacer US Export Leaders ETF (NYSEARCA:PEXL) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 2,758 shares, a decrease of 40.0% from the February 12th total of 4,593 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 2,058 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 2,058 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Pacer US Export Leaders ETF

A number of large investors have recently bought and sold shares of PEXL. Western Wealth Management LLC acquired a new position in Pacer US Export Leaders ETF in the fourth quarter valued at approximately $209,000. Citadel Advisors LLC lifted its holdings in shares of Pacer US Export Leaders ETF by 18.4% in the 3rd quarter. Citadel Advisors LLC now owns 7,169 shares of the company’s stock worth $411,000 after purchasing an additional 1,116 shares during the last quarter. PFG Advisors lifted its holdings in shares of Pacer US Export Leaders ETF by 13.8% in the 3rd quarter. PFG Advisors now owns 7,552 shares of the company’s stock worth $433,000 after purchasing an additional 915 shares during the last quarter. Cetera Investment Advisers boosted its position in Pacer US Export Leaders ETF by 22.0% during the 2nd quarter. Cetera Investment Advisers now owns 8,514 shares of the company’s stock valued at $442,000 after purchasing an additional 1,537 shares during the period. Finally, Osaic Holdings Inc. boosted its position in Pacer US Export Leaders ETF by 87.4% during the 2nd quarter. Osaic Holdings Inc. now owns 13,696 shares of the company’s stock valued at $711,000 after purchasing an additional 6,388 shares during the period.

Pacer US Export Leaders ETF Stock Performance

Shares of NYSEARCA PEXL traded down $0.42 during midday trading on Friday, hitting $59.58. The company’s stock had a trading volume of 1,992 shares, compared to its average volume of 2,669. Pacer US Export Leaders ETF has a 1-year low of $38.05 and a 1-year high of $64.26. The firm’s fifty day moving average price is $62.39 and its 200-day moving average price is $59.82. The firm has a market cap of $36.94 million, a P/E ratio of 21.77 and a beta of 1.20.

Pacer US Export Leaders ETF Company Profile

The Pacer US Export Leaders ETF (PEXL) is an exchange-traded fund that is based on the Pacer US Export Leaders ETF index. The fund tracks an equally-weighted index of large- and mid-cap US stocks selected based on foreign sales and free cash flow growth. PEXL was launched on Jul 23, 2018 and is managed by Pacer.