Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sees Large Volume Increase – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) shares saw an uptick in trading volume on Thursday . Approximately 8,900,590 shares were traded during mid-day trading, an increase of 701% from the previous session’s volume of 1,111,312 shares.The stock last traded at $28.35 and had previously closed at $29.49.

Global X Data Center & Digital Infrastructure ETF Price Performance

The stock has a market cap of $2.35 billion, a PE ratio of 30.39 and a beta of 1.16. The company’s fifty day moving average is $30.49 and its 200-day moving average is $26.44.

Global X Data Center & Digital Infrastructure ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th will be paid a dividend of $0.1125 per share. The ex-dividend date is Monday, June 29th.

Hedge Funds Weigh In On Global X Data Center & Digital Infrastructure ETF

Several institutional investors and hedge funds have recently modified their holdings of DTCR. Sunbelt Securities Inc. grew its holdings in Global X Data Center & Digital Infrastructure ETF by 30.3% in the fourth quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock valued at $55,000 after purchasing an additional 608 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF during the 4th quarter worth approximately $83,000. Private Trust Co. NA lifted its position in shares of Global X Data Center & Digital Infrastructure ETF by 620.3% during the 4th quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock valued at $125,000 after buying an additional 5,105 shares in the last quarter. Copia Wealth Management purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the 4th quarter worth $203,000. Finally, Advisory Services Network LLC raised its position in Global X Data Center & Digital Infrastructure ETF by 7.9% during the fourth quarter. Advisory Services Network LLC now owns 11,365 shares of the company’s stock worth $240,000 after acquiring an additional 832 shares during the period.

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.