iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Share Price Break Above Two Hundred Day Moving Average – What’s Next?

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $110.04 and traded as high as $113.32. iShares U.S. Digital Infrastructure and Real Estate ETF shares last traded at $113.21, with a volume of 12,396 shares.

iShares U.S. Digital Infrastructure and Real Estate ETF Stock Performance

The firm’s 50-day moving average price is $114.14 and its two-hundred day moving average price is $110.19. The stock has a market cap of $514.47 million, a price-to-earnings ratio of 32.93 and a beta of 1.17.

Institutional Trading of iShares U.S. Digital Infrastructure and Real Estate ETF

Several hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 159.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 480 shares of the company’s stock valued at $54,000 after buying an additional 295 shares during the period. Continuum Advisory LLC acquired a new position in iShares U.S. Digital Infrastructure and Real Estate ETF in the second quarter valued at approximately $33,000. Finally, Janney Montgomery Scott LLC grew its position in iShares U.S. Digital Infrastructure and Real Estate ETF by 3.9% in the first quarter. Janney Montgomery Scott LLC now owns 4,667 shares of the company’s stock worth $456,000 after acquiring an additional 177 shares during the period.

About iShares U.S. Digital Infrastructure and Real Estate ETF

(Get Free Report)

The iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of 50 US stocks involved in data centers, telecommunication towers, and related equipment. The fund uses a tiered approach in selection and weighting. IDGT was launched on Jul 10, 2001 and is issued by BlackRock.

Featured Articles

Receive News & Ratings for iShares U.S. Digital Infrastructure and Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Digital Infrastructure and Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.