Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sets New 1-Year High – Should You Buy?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $28.24 and last traded at $28.07, with a volume of 145934 shares. The stock had previously closed at $28.04.

Global X Data Center & Digital Infrastructure ETF Stock Performance

The firm has a market capitalization of $1.50 billion, a PE ratio of 30.39 and a beta of 1.08. The company has a fifty day moving average price of $25.41 and a 200-day moving average price of $23.24.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Several hedge funds have recently modified their holdings of DTCR. ORG Partners LLC purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 3rd quarter worth approximately $1,437,000. Flow Traders U.S. LLC raised its holdings in Global X Data Center & Digital Infrastructure ETF by 99.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock valued at $1,919,000 after buying an additional 46,658 shares during the period. Financial Freedom LLC raised its holdings in Global X Data Center & Digital Infrastructure ETF by 29.0% during the 4th quarter. Financial Freedom LLC now owns 163,522 shares of the company’s stock valued at $3,450,000 after buying an additional 36,714 shares during the period. High Point Wealth Management LLC purchased a new stake in Global X Data Center & Digital Infrastructure ETF during the 4th quarter valued at $352,000. Finally, IFP Advisors Inc raised its holdings in Global X Data Center & Digital Infrastructure ETF by 342.9% during the 3rd quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock valued at $418,000 after buying an additional 15,818 shares during the period.

Global X Data Center & Digital Infrastructure ETF Company Profile

The Global X Data Center And Digital Infrastructure ETF (DTCR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of global equities involved in data center REITs and related digital infrastructure companies. DTCR was launched on Oct 27, 2020 and is issued by Global X.