Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (NYSEARCA:SRVR) Sees Large Volume Increase

Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (NYSEARCA:SRVR) shares saw strong trading volume on Thursday . 54,327 shares traded hands during mid-day trading, a decline of 42% from the previous session’s volume of 94,139 shares.The stock last traded at $27.09 and had previously closed at $27.13.

Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF Stock Performance

The firm’s 50 day moving average price is $28.56 and its two-hundred day moving average price is $27.94. The firm has a market cap of $547.86 million, a PE ratio of 36.39 and a beta of 0.74.

Institutional Investors Weigh In On Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC purchased a new stake in shares of Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF in the 1st quarter valued at approximately $1,190,000. GLOBALT Investments LLC GA purchased a new stake in Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF in the fourth quarter valued at approximately $736,000. Nations Financial Group Inc. IA ADV lifted its stake in Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF by 90.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 32,594 shares of the company’s stock worth $1,272,000 after purchasing an additional 15,519 shares in the last quarter. Silverlake Wealth Management LLC purchased a new position in shares of Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF during the fourth quarter worth $292,000. Finally, Patron Partners LLC acquired a new stake in shares of Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF in the fourth quarter valued at $238,000.

About Pacer Benchmark Data & Infrastructure Real Estate SCTR 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.