Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sets New 12-Month High – Should You Buy?

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

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

The business has a 50 day moving average of $22.60 and a two-hundred day moving average of $21.11. The firm has a market cap of $1.13 billion, a P/E ratio of 30.39 and a beta of 1.00.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were paid a $0.1352 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 127.0%.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. SBI Securities Co. Ltd. increased its position in Global X Data Center & Digital Infrastructure ETF by 23.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,428 shares of the company’s stock worth $120,000 after buying an additional 1,237 shares during the period. Bessemer Group Inc. bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter valued at approximately $67,000. CoreCap Advisors LLC grew its position in Global X Data Center & Digital Infrastructure ETF by 1,295.2% during the third quarter. CoreCap Advisors LLC now owns 4,660 shares of the company’s stock worth $95,000 after buying an additional 4,326 shares in the last quarter. Private Trust Co. NA grew its position in Global X Data Center & Digital Infrastructure ETF by 620.3% during the fourth quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock worth $125,000 after buying an additional 5,105 shares in the last quarter. Finally, Copia Wealth Management bought a new position in Global X Data Center & Digital Infrastructure ETF during the 4th quarter worth $203,000.

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.