Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Hits New 1-Year High – Time to Buy?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $29.10 and last traded at $29.09, with a volume of 433938 shares trading hands. The stock had previously closed at $28.90.

Global X Data Center & Digital Infrastructure ETF Stock Performance

The business’s 50 day moving average price is $25.76 and its 200-day moving average price is $23.59. The firm has a market capitalization of $1.68 billion, a PE ratio of 30.39 and a beta of 1.15.

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

A number of institutional investors and hedge funds have recently made changes to their positions in DTCR. S. R. Schill & Associates purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 1st quarter valued at approximately $4,549,000. ORG Partners LLC purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 3rd quarter valued at approximately $1,437,000. Ascentis Independent Advisors purchased a new stake in Global X Data Center & Digital Infrastructure ETF during the 1st quarter worth approximately $1,401,000. Flow Traders U.S. LLC increased its stake 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 worth $1,919,000 after buying an additional 46,658 shares during the period. Finally, Financial Freedom LLC lifted 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 worth $3,450,000 after buying an additional 36,714 shares in the last quarter.

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.