Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Reaches New 12-Month High – Here’s Why

Shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $23.99 and last traded at $23.7670, with a volume of 7481 shares. The stock had previously closed at $23.63.

Global X Data Center & Digital Infrastructure ETF Stock Performance

The company has a market capitalization of $914.29 million, a PE ratio of 30.39 and a beta of 1.00. The company has a 50 day moving average price of $21.49 and a 200 day moving average price of $20.56.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.1352 per share. This represents a yield of 127.0%. The ex-dividend date was Tuesday, December 30th.

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

Institutional investors have recently modified their holdings of the stock. IFP Advisors Inc lifted its position in shares of Global X Data Center & Digital Infrastructure ETF by 342.9% during the third quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock worth $418,000 after purchasing an additional 15,818 shares during the last quarter. Flow Traders U.S. LLC raised its stake in Global X Data Center & Digital Infrastructure ETF by 99.2% during the third quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock valued at $1,919,000 after buying an additional 46,658 shares in the last quarter. Bessemer Group Inc. bought a new position in Global X Data Center & Digital Infrastructure ETF during the 3rd quarter worth approximately $67,000. ORG Partners LLC acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF in the 3rd quarter worth approximately $1,437,000. Finally, CoreCap Advisors LLC increased its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 1,295.2% in the 3rd quarter. CoreCap Advisors LLC now owns 4,660 shares of the company’s stock valued at $95,000 after acquiring an additional 4,326 shares during the last quarter.

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.