Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Trading Up 0.9% – Time to Buy?

Shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) were up 0.9% during trading on Friday . The company traded as high as $28.27 and last traded at $28.18. Approximately 641,377 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 1,046,103 shares. The stock had previously closed at $27.94.

Global X Data Center & Digital Infrastructure ETF Price Performance

The stock’s 50-day moving average price is $28.32 and its 200 day moving average price is $28.07. The firm has a market capitalization of $2.35 billion, a PE ratio of 30.39 and a beta of 1.17.

Global X Data Center & Digital Infrastructure ETF Dividend Announcement

The company also recently disclosed a semiannual dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were paid a $0.1125 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a yield of 74.0%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Financial Freedom LLC lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 29.0% in 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 during the period. S. R. Schill & Associates bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the first quarter valued at about $4,549,000. Ascentis Independent Advisors bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the first quarter valued at about $1,401,000. Copia Wealth Management purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth about $203,000. Finally, Advisory Services Network LLC grew its holdings in 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 acquiring an additional 832 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.