Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR – Get Free Report) dropped 1.8% during mid-day trading on Monday. The stock traded as low as $27.21 and last traded at $27.34. Approximately 680,253 shares traded hands during trading, a decline of 33% from the average daily volume of 1,008,144 shares. The stock had previously closed at $27.84.
Global X Data Center & Digital Infrastructure ETF Stock Down 0.4%
The business’s 50 day simple moving average is $28.07 and its 200 day simple moving average is $28.39. The company has a market capitalization of $2.03 billion, a PE ratio of 30.39 and a beta of 1.17.
Institutional Investors Weigh In On Global X Data Center & Digital Infrastructure ETF
Several hedge funds have recently made changes to their positions in DTCR. Financial Freedom LLC grew its position 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 worth $3,450,000 after purchasing an additional 36,714 shares in the last quarter. S. R. Schill & Associates purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the first quarter valued at $4,549,000. Ascentis Independent Advisors purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the first quarter valued at $1,401,000. Continuum Advisory LLC acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the second quarter worth $88,000. Finally, CoreCap Advisors LLC boosted its position in shares of Global X Data Center & Digital Infrastructure ETF by 5.0% in the second quarter. CoreCap Advisors LLC now owns 32,808 shares of the company’s stock worth $996,000 after buying an additional 1,577 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.
Recommended Stories
- Five stocks we like better than Global X Data Center & Digital Infrastructure ETF
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
- 3 Emerging Biotech Stocks With Significant Upside Potential
- Treasury Yields Haven’t Been This High Since 2007—3 ETFs to Watch
Receive News & Ratings for Global X Data Center & Digital Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Data Center & Digital Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
