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

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) shares gapped up prior to trading on Friday. The stock had previously closed at $24.95, but opened at $25.87. Global X Data Center & Digital Infrastructure ETF shares last traded at $25.6940, with a volume of 292,359 shares trading hands.

Global X Data Center & Digital Infrastructure ETF Trading Up 2.8%

The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 30.39 and a beta of 1.17. The stock’s 50 day moving average is $27.65 and its 200 day moving average is $28.67.

Institutional Investors Weigh In On Global X Data Center & Digital Infrastructure ETF

Institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter valued at approximately $37,000. Continuum Advisory LLC acquired a new stake in Global X Data Center & Digital Infrastructure ETF during the 2nd quarter worth approximately $88,000. AdvisorNet Financial Inc lifted its holdings in Global X Data Center & Digital Infrastructure ETF by 112.8% during the 1st quarter. AdvisorNet Financial Inc now owns 11,595 shares of the company’s stock worth $278,000 after purchasing an additional 6,145 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in Global X Data Center & Digital Infrastructure ETF by 5.3% during the 1st quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock worth $354,000 after purchasing an additional 745 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in Global X Data Center & Digital Infrastructure ETF by 38.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,577 shares of the company’s stock worth $421,000 after purchasing an additional 4,871 shares during the last quarter.

About Global X Data Center & Digital Infrastructure ETF

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.