Foster & Motley Inc. Sells 11,974 Shares of Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR)

Foster & Motley Inc. cut its position in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 353,856 shares of the company’s stock after selling 11,974 shares during the period. Pacer Data & Infrastructure Real Estate ETF comprises 0.7% of Foster & Motley Inc.’s portfolio, making the stock its 28th largest holding. Foster & Motley Inc.’s holdings in Pacer Data & Infrastructure Real Estate ETF were worth $10,609,000 at the end of the most recent reporting period.

Separately, Private Trust Co. NA boosted 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 worth $63,000 after buying an additional 1,650 shares during the period.

Pacer Data & Infrastructure Real Estate ETF Stock Performance

Shares of SRVR stock opened at $29.24 on Thursday. The stock has a fifty day simple moving average of $30.46 and a two-hundred day simple moving average of $30.60. Pacer Data & Infrastructure Real Estate ETF has a 52-week low of $25.92 and a 52-week high of $33.07. The firm has a market capitalization of $469.30 million, a PE ratio of 31.73 and a beta of 0.94.

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.