Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Reaches New 52-Week High – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) shares reached a new 52-week high on Monday . The stock traded as high as $30.73 and last traded at $30.72, with a volume of 173870 shares traded. The stock had previously closed at $30.42.

Global X Data Center & Digital Infrastructure ETF Stock Up 1.9%

The company’s fifty day simple moving average is $26.02 and its two-hundred day simple moving average is $23.75. The company has a market capitalization of $1.80 billion, a price-to-earnings 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 hedge funds and other institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors raised its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 4.3% during the fourth quarter. Captrust Financial Advisors now owns 12,917 shares of the company’s stock worth $273,000 after acquiring an additional 536 shares during the period. Sunbelt Securities Inc. raised its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 30.3% during the fourth quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock worth $55,000 after acquiring an additional 608 shares during the period. Advisory Services Network LLC raised its holdings in shares of 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. Bessemer Group Inc. acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the third quarter worth $67,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the fourth quarter worth $83,000.

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.