Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Down 0.1% – Here’s Why

Shares of Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) fell 0.1% during trading on Monday . The company traded as low as $33.03 and last traded at $33.03. 111,678 shares changed hands during trading, an increase of 75% from the average session volume of 63,914 shares. The stock had previously closed at $33.07.

Pacer Data & Infrastructure Real Estate ETF Stock Performance

The company has a market cap of $460.77 million, a price-to-earnings ratio of 41.56 and a beta of 0.74. The firm’s 50 day simple moving average is $31.84 and its 200-day simple moving average is $30.63.

Institutional Trading of Pacer Data & Infrastructure Real Estate ETF

Hedge funds have recently made changes to their positions in the business. Foster & Motley Inc. boosted its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 2.8% during the first quarter. Foster & Motley Inc. now owns 363,918 shares of the company’s stock valued at $10,681,000 after purchasing an additional 10,062 shares in the last quarter. Invenio Wealth Partners LLC bought a new position in Pacer Data & Infrastructure Real Estate ETF during the 4th quarter valued at $1,427,000. Patron Partners LLC increased its stake in Pacer Data & Infrastructure Real Estate ETF by 4.8% during the 2nd quarter. Patron Partners LLC now owns 14,299 shares of the company’s stock valued at $462,000 after buying an additional 651 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of 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 worth $114,000 after purchasing an additional 3,323 shares during the period. Finally, Copia Wealth Management increased its holdings in Pacer Data & Infrastructure Real Estate ETF by 50.3% in the 1st quarter. Copia Wealth Management now owns 1,912 shares of the company’s stock valued at $56,000 after buying an additional 640 shares during the period.

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.