Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Reaches New 52-Week High – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) hit a new 52-week high on Monday . The stock traded as high as $30.73 and last traded at $30.72, with a volume of 173870 shares changing hands. The stock had previously closed at $30.42.

Global X Data Center & Digital Infrastructure ETF Stock Up 1.9%

The company’s fifty day moving average is $26.02 and its two-hundred day moving average is $23.75. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of 30.39 and a beta of 1.15.

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

Several large investors have recently bought and sold shares of DTCR. Sunbelt Securities Inc. raised its holdings in Global X Data Center & Digital Infrastructure ETF by 30.3% in the fourth quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock worth $55,000 after purchasing an additional 608 shares during the period. Bessemer Group Inc. acquired a new stake in Global X Data Center & Digital Infrastructure ETF in the third quarter worth $67,000. IFC & Insurance Marketing Inc. acquired a new stake in Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth $83,000. CoreCap Advisors LLC raised its holdings in Global X Data Center & Digital Infrastructure ETF by 1,295.2% in the third quarter. CoreCap Advisors LLC now owns 4,660 shares of the company’s stock worth $95,000 after purchasing an additional 4,326 shares during the period. Finally, Private Trust Co. NA raised its holdings in Global X Data Center & Digital Infrastructure ETF by 620.3% in the fourth quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock worth $125,000 after purchasing an additional 5,105 shares during the period.

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.