Pacer PE/VC ETF (NYSEARCA:PEVC) Sees Significant Drop in Short Interest

Pacer PE/VC ETF (NYSEARCA:PEVCGet Free Report) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 40 shares, a decline of 90.7% from the July 15th total of 429 shares. Based on an average daily trading volume, of 108 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Pacer PE/VC ETF

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

Pacer PE/VC ETF Stock Performance

Shares of NYSEARCA:PEVC traded up $0.06 during trading on Wednesday, hitting $32.02. The company’s stock had a trading volume of 359 shares, compared to its average volume of 1,136. The stock’s 50-day moving average price is $30.02 and its two-hundred day moving average price is $28.80. Pacer PE/VC ETF has a fifty-two week low of $24.36 and a fifty-two week high of $32.21. The company has a market capitalization of $2.56 million, a PE ratio of 30.12 and a beta of 1.38.

Pacer PE/VC ETF Company Profile

(Get Free Report)

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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