Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Short Interest Update

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 32,644 shares, a decrease of 47.6% from the July 15th total of 62,318 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 63,754 shares, the days-to-cover ratio is currently 0.5 days.

Pacer Data & Infrastructure Real Estate ETF Stock Up 0.6%

SRVR stock traded up $0.18 during midday trading on Friday, hitting $32.57. The company’s stock had a trading volume of 51,972 shares, compared to its average volume of 101,117. The firm has a 50-day simple moving average of $31.89 and a 200-day simple moving average of $32.70. The firm has a market capitalization of $392.47 million, a P/E ratio of 41.56 and a beta of 1.00. Pacer Data & Infrastructure Real Estate ETF has a 52-week low of $28.44 and a 52-week high of $35.81.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Invenio Wealth Partners LLC grew its stake in Pacer Data & Infrastructure Real Estate ETF by 5.7% during the 3rd 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 in the last quarter. Foster & Motley Inc. raised its position in 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 valued at $11,768,000 after purchasing an additional 4,017 shares in the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in Pacer Data & Infrastructure Real Estate ETF in the 2nd quarter valued at about $36,420,000.

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.