Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Shares Down 1.8% – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR)’s stock price traded down 1.8% during trading on Monday. The company traded as low as $27.21 and last traded at $27.34. Approximately 680,253 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 1,008,144 shares. The stock had previously closed at $27.84.

Global X Data Center & Digital Infrastructure ETF Stock Performance

The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 30.39 and a beta of 1.17. The company has a 50 day moving average price of $28.09 and a 200 day moving average price of $28.37.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Continuum Advisory LLC acquired a new stake in Global X Data Center & Digital Infrastructure ETF in the 2nd quarter valued at approximately $88,000. CoreCap Advisors LLC lifted its stake in Global X Data Center & Digital Infrastructure ETF by 5.0% during the second quarter. CoreCap Advisors LLC now owns 32,808 shares of the company’s stock worth $996,000 after purchasing an additional 1,577 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Global X Data Center & Digital Infrastructure ETF by 5.3% during the first quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock worth $354,000 after purchasing an additional 745 shares in the last quarter. S. R. Schill & Associates purchased a new position in shares of Global X Data Center & Digital Infrastructure ETF during the first quarter worth $4,549,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Global X Data Center & Digital Infrastructure ETF during the first quarter worth $1,401,000.

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.