Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Trading Up 0.9% – Still a Buy?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) rose 0.9% during trading on Monday . The stock traded as high as $32.33 and last traded at $32.25. Approximately 61,992 shares traded hands during trading, a decline of 49% from the average daily volume of 122,144 shares. The stock had previously closed at $31.95.

Pacer Data & Infrastructure Real Estate ETF Price Performance

The stock has a market cap of $371.50 million, a P/E ratio of 41.56 and a beta of 0.97. The business’s fifty day moving average price is $32.04 and its 200 day moving average price is $30.87.

Institutional Trading of Pacer Data & Infrastructure Real Estate ETF

Hedge funds have recently added to or reduced their stakes in the stock. Foster & Motley Inc. increased its holdings in shares of Pacer Data & Infrastructure Real Estate ETF by 0.6% during the fourth quarter. Foster & Motley Inc. now owns 372,918 shares of the company’s stock worth $10,680,000 after buying an additional 2,393 shares in the last quarter. Ameriprise Financial Inc. grew its position 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 worth $36,449,000 after acquiring an additional 23,764 shares during the last quarter. Invenio Wealth Partners LLC grew its position 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 acquiring an additional 2,793 shares during the last quarter. Finally, Copia Wealth Management increased its holdings in 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 worth $385,000 after purchasing an additional 384 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.