Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Down 1.4% – Here’s Why

Shares of Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) dropped 1.4% during mid-day trading on Monday . The company traded as low as $28.46 and last traded at $28.69. Approximately 119,021 shares changed hands during mid-day trading, an increase of 42% from the average daily volume of 83,532 shares. The stock had previously closed at $29.09.

Pacer Data & Infrastructure Real Estate ETF Stock Up 1.2 %

The firm has a market capitalization of $469.30 million, a PE ratio of 31.73 and a beta of 0.94. The business has a 50-day moving average price of $30.65 and a 200-day moving average price of $30.46.

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

A hedge fund recently raised its stake in Pacer Data & Infrastructure Real Estate ETF stock. Creative Financial Designs Inc. ADV grew its position in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) by 0.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,586 shares of the company’s stock after buying an additional 592 shares during the period. Creative Financial Designs Inc. ADV owned 0.47% of Pacer Data & Infrastructure Real Estate ETF worth $2,429,000 as of its most recent SEC filing.

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.