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

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $24.86 and last traded at $24.78, with a volume of 1222151 shares. The stock had previously closed at $24.11.

Global X Data Center & Digital Infrastructure ETF Trading Down 0.5%

The company has a 50 day simple moving average of $21.97 and a 200 day simple moving average of $20.80. The stock has a market capitalization of $991.24 million, a PE ratio of 30.39 and a beta of 1.00.

Global X Data Center & Digital Infrastructure ETF Dividend Announcement

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

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

Institutional investors have recently bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 3rd quarter worth $1,437,000. Flow Traders U.S. LLC raised its holdings 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 worth $1,919,000 after purchasing an additional 46,658 shares in the last quarter. High Point Wealth Management LLC purchased a new position in Global X Data Center & Digital Infrastructure ETF during the fourth quarter worth about $352,000. IFP Advisors Inc lifted its position in 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 valued at $418,000 after purchasing an additional 15,818 shares during the period. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the 4th quarter valued at approximately $304,000.

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.