Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sets New 12-Month High – What’s Next?

Shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $24.86 and last traded at $24.78, with a volume of 1222151 shares traded. The stock had previously closed at $24.11.

Global X Data Center & Digital Infrastructure ETF Stock Performance

The stock has a market cap of $977.82 million, a PE ratio of 30.39 and a beta of 1.00. The company has a 50 day moving average of $21.76 and a two-hundred day moving average of $20.73.

Global X Data Center & Digital Infrastructure ETF Dividend Announcement

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. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 127.0%.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bessemer Group Inc. acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter valued at about $67,000. CoreCap Advisors LLC raised its holdings in shares of 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 valued at $95,000 after acquiring an additional 4,326 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of 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 valued at $125,000 after acquiring an additional 5,105 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Global X Data Center & Digital Infrastructure ETF by 23.8% in the second quarter. SBI Securities Co. Ltd. now owns 6,428 shares of the company’s stock valued at $120,000 after acquiring an additional 1,237 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth approximately $304,000.

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.