Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Reaches New 1-Year High – Here’s What Happened

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $25.48 and last traded at $25.1850, with a volume of 3660 shares traded. The stock had previously closed at $25.13.

Global X Data Center & Digital Infrastructure ETF Trading Up 0.1%

The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 30.39 and a beta of 1.00. The company has a 50 day simple moving average of $22.60 and a 200-day simple moving average of $21.11.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $0.1352 dividend. This represents a dividend yield of 127.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Copia Wealth Management acquired a new stake in Global X Data Center & Digital Infrastructure ETF in the fourth quarter valued at $203,000. High Point Wealth Management LLC bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 4th quarter valued at about $352,000. Private Trust Co. NA lifted its stake in Global X Data Center & Digital Infrastructure ETF by 620.3% in the 4th quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock valued at $125,000 after purchasing an additional 5,105 shares during the last quarter. Nations Financial Group Inc. IA ADV bought a new position in Global X Data Center & Digital Infrastructure ETF during the fourth quarter worth about $304,000. Finally, IFP Advisors Inc increased its position in Global X Data Center & Digital Infrastructure ETF by 342.9% during the third quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock worth $418,000 after buying an additional 15,818 shares during 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.