Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Down 1% – Should You Sell?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) shares traded down 1% during trading on Monday . The stock traded as low as $28.88 and last traded at $28.96. 78,880 shares were traded during trading, an increase of 31% from the average session volume of 60,024 shares. The stock had previously closed at $29.25.

Pacer Data & Infrastructure Real Estate ETF Price Performance

The firm has a market capitalization of $395.30 million, a P/E ratio of 41.56 and a beta of 0.94. The company has a fifty day moving average of $31.28 and a 200 day moving average of $31.58.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its stake in Pacer Data & Infrastructure Real Estate ETF by 2.1% in the third quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock valued at $36,449,000 after acquiring an additional 23,764 shares during the last quarter. Foster & Motley Inc. lifted its position in Pacer Data & Infrastructure Real Estate ETF by 1.3% during the third quarter. Foster & Motley Inc. now owns 370,525 shares of the company’s stock valued at $11,738,000 after purchasing an additional 4,659 shares during the last quarter. Invenio Wealth Partners LLC increased its stake in Pacer Data & Infrastructure Real Estate ETF by 5.7% in the third quarter. Invenio Wealth Partners LLC now owns 51,841 shares of the company’s stock valued at $1,642,000 after acquiring an additional 2,793 shares during the last quarter. Patron Partners LLC raised its holdings in shares of 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 in the last quarter. Finally, Copia Wealth Management boosted its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 3.3% in the 3rd quarter. Copia Wealth Management now owns 12,161 shares of the company’s stock valued at $385,000 after purchasing an additional 384 shares in 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.