Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sees Unusually-High Trading Volume – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) shares saw unusually-strong trading volume on Thursday . Approximately 8,900,590 shares changed hands during mid-day trading, an increase of 701% from the previous session’s volume of 1,111,312 shares.The stock last traded at $28.35 and had previously closed at $29.49.

Global X Data Center & Digital Infrastructure ETF Trading Down 4.4%

The stock’s fifty day simple moving average is $30.47 and its 200-day simple moving average is $26.38. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 30.39 and a beta of 1.16.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th will be given a $0.1125 dividend. The ex-dividend date of this dividend is Monday, June 29th.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Hedge funds have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors increased its position in shares of 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 last quarter. S. R. Schill & Associates purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 1st quarter worth $4,549,000. Ascentis Independent Advisors acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF during the first quarter worth $1,401,000. Janney Montgomery Scott LLC grew its stake in shares of Global X Data Center & Digital Infrastructure ETF by 38.3% during the first quarter. Janney Montgomery Scott LLC now owns 17,577 shares of the company’s stock worth $421,000 after purchasing an additional 4,871 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its holdings 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 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.