$EQIX, $DLR, and $AMT are in it at a high weight. It broke the resistance band, and if the month end close holds like this, the trend will be confirmed. .. SRVR is a REIT fund. The companies inside don’t produce technology, they rent space to tech companies. It pays a regular dividend from the rents it collects (around 2%–3%). If Fed rates fall, it lowers borrowing costs for names inside SRVR like Equinix or American Tower and improves profitability. I’d expect it to walk toward the targets. ...
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$SRVR
$EQIX, $DLR, and $AMT are in it at a high weight. It broke the resistance band, and if the month end close holds like this, the trend will be confirmed. .. SRVR is a REIT fund. The companies inside don’t produce technology, they rent space to tech companies. It pays a regular dividend from the rents it collects (around 2%–3%). If Fed rates fall, it lowers borrowing costs for names inside SRVR like Equinix or American Tower and improves profitability. I’d expect it to walk toward the targets. ...