Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Short Interest Update

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 62,318 shares, a decline of 48.0% from the June 30th total of 119,904 shares. Based on an average daily volume of 81,110 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its stake in Pacer Data & Infrastructure Real Estate ETF by 2.1% during the third 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 during the last quarter. Foster & Motley Inc. lifted its stake in shares of 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 last quarter. Finally, Invenio Wealth Partners LLC lifted its stake 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 valued at $1,642,000 after purchasing an additional 2,793 shares during the last quarter.

Pacer Data & Infrastructure Real Estate ETF Stock Down 1.1%

Pacer Data & Infrastructure Real Estate ETF stock traded down $0.33 during mid-day trading on Friday, reaching $30.87. 34,376 shares of the company’s stock traded hands, compared to its average volume of 103,307. Pacer Data & Infrastructure Real Estate ETF has a 12-month low of $28.44 and a 12-month high of $35.81. The stock has a 50 day moving average of $32.50 and a two-hundred day moving average of $32.61. The company has a market cap of $371.98 million, a price-to-earnings ratio of 41.56 and a beta of 0.99.

About Pacer Data & Infrastructure Real Estate ETF

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.