Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Trading Up 1% – Time to Buy?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR)’s stock price was up 1% during trading on Tuesday . The stock traded as high as $31.62 and last traded at $31.47. Approximately 31,603 shares were traded during trading, a decline of 53% from the average daily volume of 67,124 shares. The stock had previously closed at $31.15.

Pacer Data & Infrastructure Real Estate ETF Price Performance

The company has a market capitalization of $442.15 million, a P/E ratio of 36.68 and a beta of 0.94. The company has a 50 day moving average of $29.85 and a 200-day moving average of $30.31.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Invenio Wealth Partners LLC bought a new stake in shares of Pacer Data & Infrastructure Real Estate ETF during the 4th quarter valued at about $1,427,000. Foster & Motley Inc. lifted its holdings in Pacer Data & Infrastructure Real Estate ETF by 2.8% in the first quarter. Foster & Motley Inc. now owns 363,918 shares of the company’s stock worth $10,681,000 after buying an additional 10,062 shares during the period. JPMorgan Chase & Co. boosted its position in Pacer Data & Infrastructure Real Estate ETF by 717.7% during the 4th quarter. JPMorgan Chase & Co. now owns 3,786 shares of the company’s stock valued at $114,000 after acquiring an additional 3,323 shares in the last quarter. Patron Partners LLC boosted its position in Pacer Data & Infrastructure Real Estate ETF by 22.7% during the 1st quarter. Patron Partners LLC now owns 13,648 shares of the company’s stock valued at $401,000 after acquiring an additional 2,529 shares in the last quarter. Finally, Copia Wealth Management purchased a new position in shares of Pacer Data & Infrastructure Real Estate ETF during the 4th quarter worth approximately $38,000.

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.