Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Sees Significant Decline in Short Interest
by Tristan Rich · The Markets DailyPacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR – Get Free Report) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 3,981 shares, a decline of 88.8% from the December 15th total of 35,487 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 99,016 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 99,016 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Institutional Investors Weigh In On Pacer Data & Infrastructure Real Estate ETF
Hedge funds have recently made changes to their positions in the company. Patron Partners LLC lifted its holdings in Pacer Data & Infrastructure Real Estate ETF by 4.8% during the second quarter. Patron Partners LLC now owns 14,299 shares of the company’s stock worth $462,000 after buying an additional 651 shares during the period. Copia Wealth Management boosted its position in Pacer Data & Infrastructure Real Estate ETF by 516.0% during the second quarter. Copia Wealth Management now owns 11,777 shares of the company’s stock valued at $381,000 after purchasing an additional 9,865 shares in the last quarter. Foster & Motley Inc. grew its stake in Pacer Data & Infrastructure Real Estate ETF by 0.5% in the second quarter. Foster & Motley Inc. now owns 365,866 shares of the company’s stock valued at $11,825,000 after purchasing an additional 1,948 shares during the last quarter. Ameriprise Financial Inc. bought a new position in Pacer Data & Infrastructure Real Estate ETF in the second quarter worth about $36,420,000. Finally, Invenio Wealth Partners LLC lifted its position in shares of 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 buying an additional 2,793 shares during the last quarter.
Pacer Data & Infrastructure Real Estate ETF Trading Up 1.0%
Shares of SRVR stock traded up $0.29 during trading hours on Monday, reaching $29.91. 75,396 shares of the stock were exchanged, compared to its average volume of 78,113. Pacer Data & Infrastructure Real Estate ETF has a 12-month low of $26.00 and a 12-month high of $33.67. The firm has a market capitalization of $384.34 million, a price-to-earnings ratio of 41.56 and a beta of 0.94. The company’s 50-day moving average price is $29.31 and its 200-day moving average price is $30.89.
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.