Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Hits New 52-Week High – What’s Next?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $26.98 and last traded at $26.75, with a volume of 100360 shares changing hands. The stock had previously closed at $26.66.

Global X Data Center & Digital Infrastructure ETF Stock Performance

The stock has a 50-day moving average of $25.02 and a two-hundred day moving average of $22.95. The company has a market cap of $1.40 billion, a P/E ratio of 30.39 and a beta of 1.08.

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

Institutional investors have recently made changes to their positions in the business. Financial Freedom LLC grew its holdings in shares of 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 acquiring an additional 36,714 shares during the period. Flow Traders U.S. LLC lifted its position in shares of Global X Data Center & Digital Infrastructure ETF by 99.2% in the third quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock valued at $1,919,000 after acquiring an additional 46,658 shares in the last quarter. ORG Partners LLC bought a new position in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter worth about $1,437,000. IFP Advisors Inc grew its position in shares of Global X Data Center & Digital Infrastructure ETF by 342.9% during the third quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock worth $418,000 after purchasing an additional 15,818 shares in the last quarter. Finally, High Point Wealth Management LLC bought a new stake in Global X Data Center & Digital Infrastructure ETF during the 4th quarter valued at approximately $352,000.

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.