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

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 32,644 shares, a decrease of 47.6% from the July 15th total of 62,318 shares. Based on an average trading volume of 63,754 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are sold short.

Pacer Data & Infrastructure Real Estate ETF Trading Up 0.6%

Pacer Data & Infrastructure Real Estate ETF stock traded up $0.18 during trading on Friday, hitting $32.57. The company had a trading volume of 51,972 shares, compared to its average volume of 101,117. Pacer Data & Infrastructure Real Estate ETF has a 1-year low of $28.44 and a 1-year high of $35.81. The company’s 50 day simple moving average is $31.89 and its 200-day simple moving average is $32.70. The stock has a market cap of $392.47 million, a price-to-earnings ratio of 41.56 and a beta of 1.00.

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

A number of institutional investors have recently modified their holdings of the company. Foster & Motley Inc. acquired a new position in Pacer Data & Infrastructure Real Estate ETF during the 2nd quarter worth about $12,558,000. Ameriprise Financial Inc. increased its stake in Pacer Data & Infrastructure Real Estate ETF by 2.1% during the third quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock worth $36,449,000 after purchasing an additional 23,764 shares during the period. Finally, Invenio Wealth Partners LLC boosted its stake in shares of 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 valued at $1,642,000 after purchasing an additional 2,793 shares during the period.

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.