Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Stock Price Down 1.8% – Time to Sell?

Shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) traded down 1.8% during mid-day trading on Monday. The company traded as low as $27.21 and last traded at $27.34. 680,253 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 1,008,144 shares. The stock had previously closed at $27.84.

Global X Data Center & Digital Infrastructure ETF Stock Down 1.8%

The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 30.39 and a beta of 1.17. The stock has a 50-day moving average price of $28.09 and a 200 day moving average price of $28.37.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in DTCR. Continuum Advisory LLC acquired a new position in Global X Data Center & Digital Infrastructure ETF during the 2nd quarter worth approximately $88,000. CoreCap Advisors LLC increased its position in shares of Global X Data Center & Digital Infrastructure ETF by 5.0% in the 2nd quarter. CoreCap Advisors LLC now owns 32,808 shares of the company’s stock valued at $996,000 after purchasing an additional 1,577 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 5.3% in the 1st quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock valued at $354,000 after purchasing an additional 745 shares in the last quarter. S. R. Schill & Associates acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 1st quarter valued at $4,549,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 1st quarter worth $1,401,000.

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.