Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Sees Large Decrease in Short Interest

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 3,981 shares, a decrease of 88.8% from the December 15th total of 35,487 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 99,016 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 99,016 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Pacer Data & Infrastructure Real Estate ETF Stock Performance

Shares of Pacer Data & Infrastructure Real Estate ETF stock traded up $0.06 during midday trading on Tuesday, reaching $29.97. 27,521 shares of the company’s stock traded hands, compared to its average volume of 71,388. Pacer Data & Infrastructure Real Estate ETF has a 12 month low of $26.00 and a 12 month high of $33.67. The company has a market cap of $385.06 million, a PE ratio of 41.56 and a beta of 0.94. The stock has a 50 day moving average of $29.31 and a 200-day moving average of $30.89.

Hedge Funds Weigh In On Pacer Data & Infrastructure Real Estate ETF

A number of institutional investors have recently bought and sold shares of SRVR. Patron Partners LLC boosted its position 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 acquiring an additional 651 shares in the last quarter. Copia Wealth Management lifted its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 516.0% in the 2nd quarter. Copia Wealth Management now owns 11,777 shares of the company’s stock valued at $381,000 after purchasing an additional 9,865 shares during the period. Foster & Motley Inc. lifted its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 0.5% in the 2nd quarter. Foster & Motley Inc. now owns 365,866 shares of the company’s stock valued at $11,825,000 after purchasing an additional 1,948 shares during the period. Ameriprise Financial Inc. bought a new stake in shares of Pacer Data & Infrastructure Real Estate ETF during the second quarter valued at approximately $36,420,000. Finally, Invenio Wealth Partners LLC grew 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 worth $1,642,000 after purchasing an additional 2,793 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.