Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Reaches New 52-Week High – Should You Buy?

Shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) reached 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 Stock Up 2.1%

The stock has a market capitalization of $1.81 billion, a P/E ratio of 30.39 and a beta of 1.15. The firm has a 50-day moving average of $27.23 and a 200 day moving average of $24.44.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors boosted its position in Global X Data Center & Digital Infrastructure ETF by 5.3% in the first quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock valued at $354,000 after buying an additional 745 shares in the last quarter. S. R. Schill & Associates acquired a new position in Global X Data Center & Digital Infrastructure ETF in the first quarter valued at about $4,549,000. Ascentis Independent Advisors acquired a new position in Global X Data Center & Digital Infrastructure ETF in the first quarter valued at about $1,401,000. Janney Montgomery Scott LLC boosted its position in Global X Data Center & Digital Infrastructure ETF by 38.3% in the first quarter. Janney Montgomery Scott LLC now owns 17,577 shares of the company’s stock valued at $421,000 after buying an additional 4,871 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its position in Global X Data Center & Digital Infrastructure ETF by 112.8% in the first quarter. AdvisorNet Financial Inc now owns 11,595 shares of the company’s stock valued at $278,000 after buying an additional 6,145 shares in 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.