Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Down 1.4% – Here’s What Happened

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR – Get Free Report)’s share price traded down 1.4% on Wednesday. The company traded as low as $27.55 and last traded at $27.58. Approximately 176,135 shares changed hands during mid-day trading, an increase of 62% from the average daily volume of 108,615 shares. The stock had previously closed at $27.98.

Pacer Data & Infrastructure Real Estate ETF Trading Down 1.4%

The firm’s 50-day moving average price is $29.90 and its 200-day moving average price is $31.95. The stock has a market capitalization of $285.45 million, a PE ratio of 41.56 and a beta of 0.99.

Institutional Investors Weigh In On Pacer Data & Infrastructure Real Estate ETF

A hedge fund recently bought a new stake in Pacer Data & Infrastructure Real Estate ETF stock. Foster & Motley Inc. acquired a new stake in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 395,271 shares of the company’s stock, valued at approximately $12,558,000. Foster & Motley Inc. owned about 3.28% of Pacer Data & Infrastructure Real Estate ETF at the end of the most recent reporting period.

About Pacer Data & Infrastructure Real Estate ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Pacer Data & Infrastructure Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Data & Infrastructure Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.