Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Sees Large Decrease in Short Interest

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 16,998 shares, a drop of 46.2% from the January 15th total of 31,592 shares. Based on an average daily volume of 80,938 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 80,938 shares, the short-interest ratio is currently 0.2 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Foster & Motley Inc. raised its position in Pacer Data & Infrastructure Real Estate ETF by 0.6% in the 4th quarter. Foster & Motley Inc. now owns 372,918 shares of the company’s stock valued at $10,680,000 after purchasing an additional 2,393 shares during the last quarter. Ameriprise Financial Inc. increased its position in Pacer Data & Infrastructure Real Estate ETF by 2.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock valued at $36,449,000 after acquiring an additional 23,764 shares in the last quarter. Invenio Wealth Partners LLC increased its position in Pacer Data & Infrastructure Real Estate ETF by 5.7% in the 3rd quarter. Invenio Wealth Partners LLC now owns 51,841 shares of the company’s stock valued at $1,642,000 after acquiring an additional 2,793 shares in the last quarter. Finally, Copia Wealth Management raised its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 3.3% in the third quarter. Copia Wealth Management now owns 12,161 shares of the company’s stock worth $385,000 after acquiring an additional 384 shares during the last quarter.

Pacer Data & Infrastructure Real Estate ETF Stock Performance

Pacer Data & Infrastructure Real Estate ETF stock traded up $0.36 during trading hours on Friday, hitting $33.29. 662,272 shares of the stock were exchanged, compared to its average volume of 171,526. The stock has a market capitalization of $404.47 million, a P/E ratio of 41.56 and a beta of 0.94. The business’s 50-day moving average is $30.08 and its two-hundred day moving average is $30.66. Pacer Data & Infrastructure Real Estate ETF has a 12 month low of $26.00 and a 12 month high of $33.67.

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.