Pacer Industrials and Logistics ETF Price & Performance (SHPP)

Recent corporate actions show significant changes in the ETF space, with IQ Cleaner Transport ETF and IQ Clean Oceans ETF both undergoing liquidation. Additionally, Webuy Global Limited and several pharmaceutical companies executed major share consolidations, reflecting ongoing volatility and strategic repositioning within the ETF and equity markets.1

XPO continues to receive a consensus 'Buy' rating from analysts, backed by projections of nearly 27% earnings growth in the coming year. However, short interest in the stock has increased by over 1%, signaling some investor caution despite the positive outlook and heightened analyst coverage.2

The Pacer Industrials and Logistics ETF (SHPP) is currently trading at $26.45, close to its 52-week low of $25.60. Despite the ETF's underperformance alongside major logistics stocks, analysts remain moderately optimistic about the sector's prospects moving forward.3