Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Sees Large Growth in Short Interest
by Scott Moore · The Cerbat GemPacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR – Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 29,250 shares, an increase of 104.9% from the March 31st total of 14,277 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 92,520 shares, the days-to-cover ratio is presently 0.3 days.
Pacer Data & Infrastructure Real Estate ETF Trading Down 0.3%
Shares of NYSEARCA SRVR traded down $0.10 during mid-day trading on Friday, hitting $35.15. The company had a trading volume of 40,020 shares, compared to its average volume of 116,785. The company has a market capitalization of $402.47 million, a price-to-earnings ratio of 41.56 and a beta of 0.99. Pacer Data & Infrastructure Real Estate ETF has a 1 year low of $28.44 and a 1 year high of $35.47. The stock’s 50-day moving average price is $32.83 and its 200-day moving average price is $31.12.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its holdings in Pacer Data & Infrastructure Real Estate ETF by 2.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock valued at $36,449,000 after purchasing an additional 23,764 shares during the period. Foster & Motley Inc. boosted its holdings in Pacer Data & Infrastructure Real Estate ETF by 1.1% in the 1st quarter. Foster & Motley Inc. now owns 376,935 shares of the company’s stock valued at $11,768,000 after purchasing an additional 4,017 shares during the period. Invenio Wealth Partners LLC boosted its holdings in Pacer Data & Infrastructure Real Estate ETF by 5.7% in the 3rd 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. Finally, Copia Wealth Management boosted its holdings in Pacer Data & Infrastructure Real Estate ETF by 3.3% in the 3rd quarter. Copia Wealth Management now owns 12,161 shares of the company’s stock valued at $385,000 after purchasing an additional 384 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.