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

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 31,592 shares, a growth of 693.6% from the December 31st total of 3,981 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 276,068 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 276,068 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the shares of the company are sold short.

Pacer Data & Infrastructure Real Estate ETF Price Performance

NYSEARCA SRVR traded up $0.15 on Thursday, hitting $31.45. 67,831 shares of the company were exchanged, compared to its average volume of 184,902. Pacer Data & Infrastructure Real Estate ETF has a twelve month low of $26.00 and a twelve month high of $33.67. The firm has a market capitalization of $382.12 million, a P/E ratio of 41.56 and a beta of 0.94. The company’s 50 day moving average price is $29.50 and its 200-day moving average price is $30.77.

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

A number of institutional investors have recently bought and sold shares of the business. Copia Wealth Management boosted its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 516.0% in the 2nd quarter. Copia Wealth Management now owns 11,777 shares of the company’s stock valued at $381,000 after purchasing an additional 9,865 shares during the last quarter. Foster & Motley Inc. raised its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 0.5% in the 2nd quarter. Foster & Motley Inc. now owns 365,866 shares of the company’s stock valued at $11,825,000 after purchasing an additional 1,948 shares during the period. Ameriprise Financial Inc. acquired a new stake in Pacer Data & Infrastructure Real Estate ETF in the 2nd quarter valued at approximately $36,420,000. Finally, Invenio Wealth Partners LLC boosted its holdings in Pacer Data & Infrastructure Real Estate ETF by 5.7% during the third quarter. Invenio Wealth Partners LLC now owns 51,841 shares of the company’s stock worth $1,642,000 after purchasing an additional 2,793 shares during the last quarter.

About Pacer Data & Infrastructure Real Estate ETF

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.