Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Short Interest Up 197.6% in April
by Scott Moore · The Cerbat GemPacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 87,038 shares, an increase of 197.6% from the April 15th total of 29,250 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 120,638 shares, the short-interest ratio is currently 0.7 days.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Copia Wealth Management raised its position in shares of 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 worth $385,000 after acquiring an additional 384 shares in the last quarter. Foster & Motley Inc. raised its position in shares of Pacer Data & Infrastructure Real Estate ETF by 0.6% in the 4th quarter. Foster & Motley Inc. now owns 372,918 shares of the company’s stock worth $10,680,000 after acquiring an additional 2,393 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of 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 worth $36,449,000 after acquiring an additional 23,764 shares in the last quarter. Finally, Invenio Wealth Partners LLC raised its position in shares of 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 worth $1,642,000 after acquiring an additional 2,793 shares in the last quarter.
Pacer Data & Infrastructure Real Estate ETF Stock Performance
NYSEARCA SRVR traded down $0.88 on Friday, reaching $33.70. 75,229 shares of the stock traded hands, compared to its average volume of 117,307. The company has a fifty day moving average price of $33.26 and a 200-day moving average price of $31.42. The company has a market cap of $385.87 million, a price-to-earnings ratio of 41.56 and a beta of 1.01. Pacer Data & Infrastructure Real Estate ETF has a 12 month low of $28.44 and a 12 month high of $35.81.
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.