Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Up 0.5% – Time to Buy?

Shares of Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) shot up 0.5% during trading on Tuesday . The stock traded as high as $31.43 and last traded at $31.11. 48,755 shares were traded during mid-day trading, a decline of 30% from the average session volume of 69,699 shares. The stock had previously closed at $30.94.

Pacer Data & Infrastructure Real Estate ETF Stock Performance

The stock has a market capitalization of $423.10 million, a P/E ratio of 32.86 and a beta of 0.85. The firm’s fifty day simple moving average is $30.10 and its 200 day simple moving average is $30.85.

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

Several hedge funds have recently bought and sold shares of SRVR. Creative Financial Designs Inc. ADV increased its holdings in Pacer Data & Infrastructure Real Estate ETF by 0.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 75,586 shares of the company’s stock valued at $2,429,000 after buying an additional 592 shares during the period. Private Trust Co. NA increased its holdings in 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 valued at $63,000 after buying an additional 1,650 shares during the period. Patron Partners LLC increased its holdings in Pacer Data & Infrastructure Real Estate ETF by 16.9% in the 4th quarter. Patron Partners LLC now owns 11,119 shares of the company’s stock valued at $333,000 after buying an additional 1,610 shares during the period. JPMorgan Chase & Co. increased its holdings in Pacer Data & Infrastructure Real Estate ETF by 717.7% in the 4th quarter. JPMorgan Chase & Co. now owns 3,786 shares of the company’s stock valued at $114,000 after buying an additional 3,323 shares during the period. Finally, Invenio Wealth Partners LLC bought a new stake in shares of Pacer Data & Infrastructure Real Estate ETF during the 4th quarter valued at approximately $1,427,000.

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.