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)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $22.81 and last traded at $22.7740, with a volume of 97885 shares. The stock had previously closed at $22.60.

Global X Data Center & Digital Infrastructure ETF Stock Up 0.8%

The business has a fifty day moving average of $21.22 and a 200 day moving average of $20.24. The firm has a market cap of $802.56 million, a P/E 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 $0.1352 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 127.0%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DTCR. IFP Advisors Inc increased its stake 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 in the last quarter. Flow Traders U.S. LLC grew its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 99.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock valued at $1,919,000 after buying an additional 46,658 shares during the period. Bessemer Group Inc. bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 3rd quarter valued at $67,000. ORG Partners LLC acquired a new stake in Global X Data Center & Digital Infrastructure ETF during the 3rd quarter worth $1,437,000. Finally, CoreCap Advisors LLC raised its stake in Global X Data Center & Digital Infrastructure ETF by 1,295.2% during the 3rd quarter. CoreCap Advisors LLC now owns 4,660 shares of the company’s stock worth $95,000 after buying an additional 4,326 shares during the period.

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.