Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Down 1.4% – Time to Sell?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR)’s stock price dropped 1.4% during mid-day trading on Wednesday. The company traded as low as $27.55 and last traded at $27.58. 176,135 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 108,615 shares. The stock had previously closed at $27.98.

Pacer Data & Infrastructure Real Estate ETF Trading Up 1.2%

The stock has a market capitalization of $284.88 million, a PE ratio of 41.56 and a beta of 0.99. The firm has a 50-day moving average price of $29.79 and a 200-day moving average price of $31.91.

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

An institutional investor recently bought a new position in Pacer Data & Infrastructure Real Estate ETF stock. CX Institutional acquired a new position in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,679 shares of the company’s stock, valued at approximately $48,000.

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.