Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Stock Price Down 1.4% – Here’s What Happened

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

Pacer Data & Infrastructure Real Estate ETF Price Performance

The firm has a 50 day simple moving average of $30.76 and a 200-day simple moving average of $30.43. The stock has a market capitalization of $460.47 million, a price-to-earnings ratio of 31.73 and a beta of 0.94.

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

A hedge fund recently raised its stake in Pacer Data & Infrastructure Real Estate ETF stock. Private Trust Co. NA grew its position in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) by 550.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,950 shares of the company’s stock after acquiring an additional 1,650 shares during the period. Private Trust Co. NA’s holdings in Pacer Data & Infrastructure Real Estate ETF were worth $63,000 at the end of the most recent reporting period.

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.