Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Hits New 1-Year High – Still a Buy?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR)’s share price hit a new 52-week high on Thursday . The company traded as high as $23.99 and last traded at $23.7670, with a volume of 7481 shares. The stock had previously closed at $23.63.

Global X Data Center & Digital Infrastructure ETF Price Performance

The firm has a 50-day simple moving average of $21.49 and a 200 day simple moving average of $20.56. The company has a market capitalization of $914.29 million, a PE ratio of 30.39 and a beta of 1.00.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

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

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Several large investors have recently bought and sold shares of DTCR. IFP Advisors Inc raised its stake in shares of 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 valued at $418,000 after purchasing an additional 15,818 shares during the period. Flow Traders U.S. LLC increased its stake in Global X Data Center & Digital Infrastructure ETF by 99.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock worth $1,919,000 after buying an additional 46,658 shares during the period. Bessemer Group Inc. purchased a new stake in Global X Data Center & Digital Infrastructure ETF during the 3rd quarter worth $67,000. ORG Partners LLC acquired a new position in Global X Data Center & Digital Infrastructure ETF in the 3rd quarter worth $1,437,000. Finally, CoreCap Advisors LLC boosted its position in Global X Data Center & Digital Infrastructure ETF by 1,295.2% in the 3rd quarter. CoreCap Advisors LLC now owns 4,660 shares of the company’s stock valued at $95,000 after buying an additional 4,326 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.