Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Up 0.5% – Time to Buy?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was up 0.5% during mid-day trading on Tuesday . The stock traded as high as $31.43 and last traded at $31.11. Approximately 48,755 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 69,699 shares. The stock had previously closed at $30.94.

Pacer Data & Infrastructure Real Estate ETF Stock Up 0.5 %

The company has a market cap of $423.10 million, a P/E ratio of 32.86 and a beta of 0.85. The company’s 50-day moving average is $30.10 and its two-hundred day moving average is $30.85.

Hedge Funds Weigh In On Pacer Data & Infrastructure Real Estate ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV grew its position in Pacer Data & Infrastructure Real Estate ETF by 0.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 75,586 shares of the company’s stock valued at $2,429,000 after buying an additional 592 shares during the period. Invenio Wealth Partners LLC bought a new position in Pacer Data & Infrastructure Real Estate ETF during the fourth quarter valued at about $1,427,000. Patron Partners LLC lifted its holdings in Pacer Data & Infrastructure Real Estate ETF by 16.9% during the fourth quarter. Patron Partners LLC now owns 11,119 shares of the company’s stock valued at $333,000 after purchasing an additional 1,610 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Pacer Data & Infrastructure Real Estate ETF by 717.7% during the fourth quarter. JPMorgan Chase & Co. now owns 3,786 shares of the company’s stock valued at $114,000 after purchasing an additional 3,323 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in Pacer Data & Infrastructure Real Estate ETF by 550.0% during the third quarter. Private Trust Co. NA now owns 1,950 shares of the company’s stock valued at $63,000 after purchasing an additional 1,650 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.