Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Short Interest Update

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 119,904 shares, a growth of 79.9% from the June 15th total of 66,637 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average trading volume of 85,030 shares, the days-to-cover ratio is presently 1.4 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in SRVR. Invenio Wealth Partners LLC increased its holdings 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 in the last quarter. Foster & Motley Inc. lifted its stake in Pacer Data & Infrastructure Real Estate ETF by 0.6% in the fourth quarter. Foster & Motley Inc. now owns 372,918 shares of the company’s stock valued at $10,680,000 after buying an additional 2,393 shares during the period. Finally, Ameriprise Financial Inc. bought a new position in shares of Pacer Data & Infrastructure Real Estate ETF during the 2nd quarter worth approximately $36,420,000.

Pacer Data & Infrastructure Real Estate ETF Trading Up 0.1%

Shares of Pacer Data & Infrastructure Real Estate ETF stock opened at $30.35 on Friday. The business has a 50-day moving average price of $33.13 and a two-hundred day moving average price of $32.47. Pacer Data & Infrastructure Real Estate ETF has a 1-year low of $28.44 and a 1-year high of $35.81. The company has a market cap of $365.72 million, a P/E ratio of 41.56 and a beta of 0.99.

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.