Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Trading Down 1.4% – Here’s Why

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR)’s stock price fell 1.4% on Monday . The stock traded as low as $28.46 and last traded at $28.69. 119,021 shares changed hands during trading, an increase of 42% from the average session volume of 83,532 shares. The stock had previously closed at $29.09.

Pacer Data & Infrastructure Real Estate ETF Stock Down 1.4 %

The firm has a market capitalization of $460.47 million, a P/E ratio of 31.73 and a beta of 0.94. The business has a 50-day moving average price of $30.76 and a 200-day moving average price of $30.43.

Hedge Funds Weigh In On Pacer Data & Infrastructure Real Estate ETF

An institutional investor recently raised its position in Pacer Data & Infrastructure Real Estate ETF stock. Creative Financial Designs Inc. ADV boosted its holdings in shares of Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) by 0.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,586 shares of the company’s stock after purchasing an additional 592 shares during the period. Creative Financial Designs Inc. ADV owned about 0.47% of Pacer Data & Infrastructure Real Estate ETF worth $2,429,000 as of its most recent SEC filing.

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.