Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Short Interest Up 56.4% in February

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 8,502 shares, an increase of 56.4% from the February 12th total of 5,435 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 77,446 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 77,446 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Pacer Data & Infrastructure Real Estate ETF Price Performance

NYSEARCA SRVR traded up $0.06 during trading hours on Friday, reaching $32.24. The company’s stock had a trading volume of 37,572 shares, compared to its average volume of 141,938. The firm has a fifty day simple moving average of $31.59 and a 200-day simple moving average of $30.84. Pacer Data & Infrastructure Real Estate ETF has a 52 week low of $26.00 and a 52 week high of $33.80. The stock has a market cap of $391.72 million, a P/E ratio of 41.56 and a beta of 0.94.

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

Several large investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. bought a new stake in shares of Pacer Data & Infrastructure Real Estate ETF in the 2nd quarter worth $36,420,000. Foster & Motley Inc. raised its position in shares of Pacer Data & Infrastructure Real Estate ETF by 1.3% in 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 period. Copia Wealth Management lifted its position in shares of Pacer Data & Infrastructure Real Estate ETF by 3.3% during the third quarter. Copia Wealth Management now owns 12,161 shares of the company’s stock worth $385,000 after acquiring an additional 384 shares in the last quarter. Finally, Invenio Wealth Partners LLC lifted its holdings in 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 worth $1,642,000 after purchasing an additional 2,793 shares in the last quarter.

Pacer Data & Infrastructure Real Estate ETF Company Profile

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.