Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Reaches New 52-Week High – Here’s Why

Shares of Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) reached a new 52-week high during trading on Friday . The company traded as high as $33.00 and last traded at $33.00, with a volume of 7184 shares changing hands. The stock had previously closed at $31.97.

Pacer Data & Infrastructure Real Estate ETF Trading Up 2.6 %

The firm’s 50-day simple moving average is $31.30 and its two-hundred day simple moving average is $28.94. The stock has a market capitalization of $526.60 million, a PE ratio of 31.73 and a beta of 0.94.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pacer Data & Infrastructure Real Estate ETF stock. Patron Partners LLC grew its holdings in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) by 6.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,432 shares of the company’s stock after buying an additional 602 shares during the quarter. Patron Partners LLC owned approximately 0.06% of Pacer Data & Infrastructure Real Estate ETF worth $258,000 at the end of the most recent reporting period.

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.