Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Shares Down 0% – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR)’s share price dropped 0% during mid-day trading on Tuesday . The company traded as low as $24.59 and last traded at $24.90. Approximately 415,935 shares traded hands during trading, a decline of 46% from the average daily volume of 773,157 shares. The stock had previously closed at $24.91.

Global X Data Center & Digital Infrastructure ETF Stock Performance

The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 30.39 and a beta of 1.00. The business’s 50-day moving average is $24.91 and its 200-day moving average is $22.79.

Institutional Investors Weigh In On Global X Data Center & Digital Infrastructure ETF

A number of hedge funds have recently made changes to their positions in the company. Captrust Financial Advisors increased its position in shares of Global X Data Center & Digital Infrastructure ETF by 4.3% during the 4th quarter. Captrust Financial Advisors now owns 12,917 shares of the company’s stock worth $273,000 after purchasing an additional 536 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of Global X Data Center & Digital Infrastructure ETF by 30.3% during the 4th quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock worth $55,000 after purchasing an additional 608 shares in the last quarter. Advisory Services Network LLC increased its position in shares of Global X Data Center & Digital Infrastructure ETF by 7.9% during the 4th quarter. Advisory Services Network LLC now owns 11,365 shares of the company’s stock worth $240,000 after purchasing an additional 832 shares in the last quarter. Bessemer Group Inc. acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 3rd quarter worth about $67,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 4th quarter worth about $83,000.

About Global X Data Center & Digital Infrastructure ETF

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.