Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Trading 1.1% Higher – Time to Buy?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR)’s share price was up 1.1% during trading on Monday . The company traded as high as $32.43 and last traded at $32.36. Approximately 89,482 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 140,684 shares. The stock had previously closed at $32.02.

Pacer Data & Infrastructure Real Estate ETF Stock Down 0.1%

The stock has a market capitalization of $394.39 million, a P/E ratio of 41.56 and a beta of 0.94. The business has a fifty day moving average price of $31.38 and a 200-day moving average price of $30.82.

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

A number of hedge funds have recently bought and sold shares of SRVR. Copia Wealth Management grew its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 3.3% in the third quarter. Copia Wealth Management now owns 12,161 shares of the company’s stock worth $385,000 after acquiring an additional 384 shares during the period. Invenio Wealth Partners LLC lifted its position in Pacer Data & Infrastructure Real Estate ETF by 5.7% during 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. Foster & Motley Inc. boosted its holdings 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 worth $10,680,000 after purchasing an additional 2,393 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new stake in Pacer Data & Infrastructure Real Estate ETF in the second quarter worth approximately $36,420,000.

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.