SRHR ETF Volume Surges as Lamar Advertising Draws Focus

SRH REIT Covered Call ETF (SRHR) has seen unusual trading volume, which is 16× higher than its average daily volume.

The fund’s largest holding, Lamar Advertising Co, drew attention after Wells Fargo reiterated a Hold rating with a $136 price target, even as the company’s latest earnings showed higher revenue and a swing to solid net profit, alongside signs of negative insider sentiment driven by recent share sales. Digital Realty Trust was in focus after Cantor Fitzgerald initiated coverage with an Overweight rating and a $211 price target, citing strong long-term demand for AI-related data center infrastructure. Crown Castle International also weighed on the portfolio as its shares slid on a cautious outlook pointing to weaker expected funds from operations and lingering concerns over its shift to a pure-play tower model, while First Industrial Realty Trust saw support from Mizuho Securities, which maintained a Buy rating and a $65 price target following solid year-over-year revenue and profit growth in its latest quarter.