Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Shares Gap Up – Here’s What Happened

Shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) gapped up before the market opened on Friday. The stock had previously closed at $24.95, but opened at $25.87. Global X Data Center & Digital Infrastructure ETF shares last traded at $25.6940, with a volume of 292,359 shares traded.

Global X Data Center & Digital Infrastructure ETF Stock Up 2.8%

The company has a market cap of $1.93 billion, a price-to-earnings ratio of 30.39 and a beta of 1.17. The stock has a fifty day moving average price of $27.65 and a two-hundred day moving average price of $28.67.

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

A number of hedge funds have recently bought and sold shares of DTCR. Root Financial Partners LLC acquired a new stake in Global X Data Center & Digital Infrastructure ETF in the 3rd quarter worth about $37,000. Continuum Advisory LLC bought a new stake in Global X Data Center & Digital Infrastructure ETF in the 2nd quarter valued at about $88,000. CoreCap Advisors LLC boosted its holdings in 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 period. Arkadios Wealth Advisors boosted its holdings in 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 during the period. Finally, S. R. Schill & Associates bought a new stake in Global X Data Center & Digital Infrastructure ETF in the 1st quarter valued at about $4,549,000.

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.