Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sees Strong Trading Volume – What’s Next?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) shares saw unusually-strong trading volume on Tuesday . Approximately 1,760,066 shares were traded during trading, an increase of 84% from the previous session’s volume of 954,304 shares.The stock last traded at $31.61 and had previously closed at $31.92.

Global X Data Center & Digital Infrastructure ETF Price Performance

The stock’s 50 day simple moving average is $29.34 and its two-hundred day simple moving average is $25.53. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 30.39 and a beta of 1.16.

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

A number of institutional investors have recently bought and sold shares of DTCR. S. R. Schill & Associates acquired a new stake in Global X Data Center & Digital Infrastructure ETF during the first quarter worth $4,549,000. Ascentis Independent Advisors bought a new position in shares of Global X Data Center & Digital Infrastructure ETF during the 1st quarter worth approximately $1,401,000. Flow Traders U.S. LLC lifted its position in shares of Global X Data Center & Digital Infrastructure ETF by 99.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock worth $1,919,000 after buying an additional 46,658 shares during the period. Financial Freedom LLC lifted its position 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 buying an additional 36,714 shares during the period. Finally, High Point Wealth Management LLC bought a new position in shares of Global X Data Center & Digital Infrastructure ETF during the 4th quarter worth 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.