Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Trading Down 0.5% – Time to Sell?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVRGet Free Report)’s stock price fell 0.5% on Tuesday . The company traded as low as $30.69 and last traded at $30.89. 139,300 shares changed hands during mid-day trading, an increase of 28% from the average session volume of 108,915 shares. The stock had previously closed at $31.03.

Pacer Data & Infrastructure Real Estate ETF Trading Down 0.5%

The company’s 50 day simple moving average is $33.78 and its 200-day simple moving average is $32.39. The firm has a market cap of $369.14 million, a P/E ratio of 41.56 and a beta of 0.99.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Foster & Motley Inc. grew 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 worth $11,768,000 after purchasing an additional 4,017 shares during the period. Ameriprise Financial Inc. raised its stake in Pacer Data & Infrastructure Real Estate ETF by 2.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock valued at $36,449,000 after buying an additional 23,764 shares during the last quarter. Finally, Invenio Wealth Partners LLC lifted its holdings in shares of 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 valued at $1,642,000 after buying an additional 2,793 shares during the period.

Pacer Data & Infrastructure Real Estate ETF Company Profile

(Get Free Report)

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.

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