Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 62,318 shares, a drop of 48.0% from the June 30th total of 119,904 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 81,110 shares, the short-interest ratio is presently 0.8 days.
Pacer Data & Infrastructure Real Estate ETF Price Performance
Shares of NYSEARCA SRVR traded down $0.34 during mid-day trading on Wednesday, hitting $30.60. The company’s stock had a trading volume of 95,698 shares, compared to its average volume of 103,379. The stock has a market cap of $368.73 million, a price-to-earnings ratio of 41.56 and a beta of 0.99. The company’s fifty day simple moving average is $32.63 and its 200-day simple moving average is $32.59. Pacer Data & Infrastructure Real Estate ETF has a one year low of $28.44 and a one year high of $35.81.
Institutional Trading of Pacer Data & Infrastructure Real Estate ETF
Several institutional investors and hedge funds have recently made changes to their positions in SRVR. Foster & Motley Inc. boosted its position in shares of Pacer Data & Infrastructure Real Estate ETF by 1.1% in the 1st quarter. Foster & Motley Inc. now owns 376,935 shares of the company’s stock worth $11,768,000 after purchasing an additional 4,017 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Pacer Data & Infrastructure Real Estate ETF by 2.1% in the third quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock valued at $36,449,000 after purchasing an additional 23,764 shares during the last quarter. Finally, Invenio Wealth Partners LLC lifted its stake in Pacer Data & Infrastructure Real Estate ETF by 5.7% in the third quarter. Invenio Wealth Partners LLC now owns 51,841 shares of the company’s stock valued at $1,642,000 after buying an additional 2,793 shares during the period.
Pacer Data & Infrastructure Real Estate ETF Company Profile
The Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market cap-weighted index of real estate companies from developed markets that are related to data and infrastructure. SRVR was launched on May 15, 2018 and is managed by Pacer.
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