Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sets New 1-Year High – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) hit a new 52-week high on Tuesday . The company traded as high as $31.21 and last traded at $31.10, with a volume of 350215 shares. The stock had previously closed at $30.47.

Global X Data Center & Digital Infrastructure ETF Price Performance

The company has a market capitalization of $1.81 billion, a P/E ratio of 30.39 and a beta of 1.15. The stock’s 50 day simple moving average is $27.23 and its two-hundred day simple moving average is $24.44.

Hedge Funds Weigh In On Global X Data Center & Digital Infrastructure ETF

A number of institutional investors have recently modified their holdings of DTCR. Bessemer Group Inc. bought a new position in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter worth about $67,000. Flow Traders U.S. LLC raised its stake 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 worth $1,919,000 after acquiring an additional 46,658 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Global X Data Center & Digital Infrastructure ETF by 342.9% in the third quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock worth $418,000 after acquiring an additional 15,818 shares during the last quarter. Nations Financial Group Inc. IA ADV bought a new position in shares of Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth about $304,000. Finally, Private Trust Co. NA raised its stake in shares of Global X Data Center & Digital Infrastructure ETF by 620.3% during the fourth quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock worth $125,000 after buying an additional 5,105 shares during the last quarter.

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.