Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Up 0.1% – Still a Buy?

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR)’s stock price traded up 0.1% during trading on Monday . The company traded as high as $29.70 and last traded at $29.68. 124,282 shares were traded during mid-day trading, an increase of 68% from the average session volume of 73,779 shares. The stock had previously closed at $29.66.

Pacer Data & Infrastructure Real Estate ETF Stock Up 0.6 %

The company has a market capitalization of $479.25 million, a P/E ratio of 31.73 and a beta of 0.94. The business has a 50 day moving average of $31.31 and a 200 day moving average of $30.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Financial Designs Inc. ADV raised its stake in Pacer Data & Infrastructure Real Estate ETF by 0.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 75,586 shares of the company’s stock valued at $2,429,000 after purchasing an additional 592 shares in the last quarter. Patron Partners LLC grew its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 6.8% in the 2nd quarter. Patron Partners LLC now owns 9,432 shares of the company’s stock worth $258,000 after buying an additional 602 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in shares of Pacer Data & Infrastructure Real Estate ETF by 550.0% in the 3rd quarter. Private Trust Co. NA now owns 1,950 shares of the company’s stock worth $63,000 after buying an additional 1,650 shares during the last quarter.

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.