Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sees Unusually-High Trading Volume – Time to Buy?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) saw an uptick in trading volume on Monday . 2,450,376 shares traded hands during mid-day trading, an increase of 820% from the previous session’s volume of 266,398 shares.The stock last traded at $20.7710 and had previously closed at $20.91.

Global X Data Center & Digital Infrastructure ETF Price Performance

The firm’s 50-day moving average is $21.30 and its two-hundred day moving average is $19.60. The company has a market cap of $587.78 million, a P/E ratio of 30.39 and a beta of 1.00.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Institutional investors have recently bought and sold shares of the stock. Flow Traders U.S. LLC lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 99.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock worth $1,919,000 after acquiring an additional 46,658 shares during the last quarter. ORG Partners LLC purchased a new position in shares of Global X Data Center & Digital Infrastructure ETF during the third quarter valued at approximately $1,437,000. Farther Finance Advisors LLC grew its stake in shares of Global X Data Center & Digital Infrastructure ETF by 26,670.1% during the second quarter. Farther Finance Advisors LLC now owns 44,706 shares of the company’s stock valued at $833,000 after buying an additional 44,539 shares during the last quarter. Financial Freedom LLC raised its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 132.4% in the second quarter. Financial Freedom LLC now owns 21,188 shares of the company’s stock worth $395,000 after buying an additional 12,070 shares during the period. Finally, IFP Advisors Inc raised its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 342.9% in 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 period.

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.