Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Sees Significant Drop in Short Interest

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 16,998 shares, a decrease of 46.2% from the January 15th total of 31,592 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 80,938 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 80,938 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Pacer Data & Infrastructure Real Estate ETF

Several large investors have recently made changes to their positions in the company. Copia Wealth Management increased its stake in 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 valued at $385,000 after acquiring an additional 384 shares during the last quarter. Foster & Motley Inc. raised its holdings in shares of Pacer Data & Infrastructure Real Estate ETF by 0.5% during the 2nd quarter. Foster & Motley Inc. now owns 365,866 shares of the company’s stock worth $11,825,000 after buying an additional 1,948 shares in the last quarter. Invenio Wealth Partners LLC lifted its position in shares of Pacer Data & Infrastructure Real Estate ETF by 5.7% during the 3rd quarter. Invenio Wealth Partners LLC now owns 51,841 shares of the company’s stock worth $1,642,000 after buying an additional 2,793 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Pacer Data & Infrastructure Real Estate ETF by 2.1% in the third quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock valued at $36,449,000 after buying an additional 23,764 shares in the last quarter.

Pacer Data & Infrastructure Real Estate ETF Price Performance

SRVR stock traded up $0.36 during midday trading on Friday, reaching $33.29. The company had a trading volume of 662,272 shares, compared to its average volume of 171,526. Pacer Data & Infrastructure Real Estate ETF has a 1-year low of $26.00 and a 1-year high of $33.67. The stock has a 50 day moving average price of $30.08 and a 200-day moving average price of $30.66. The company has a market capitalization of $404.47 million, a price-to-earnings ratio of 41.56 and a beta of 0.94.

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.