Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) Stock Price Down 0.5% – What’s Next?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN)’s stock price fell 0.5% during trading on Wednesday . The company traded as low as $17.31 and last traded at $17.43. 82,664 shares traded hands during mid-day trading, an increase of 183% from the average session volume of 29,197 shares. The stock had previously closed at $17.52.

Global X Data Center & Digital Infrastructure ETF Price Performance

The firm’s 50 day simple moving average is $17.00 and its two-hundred day simple moving average is $15.70. The firm has a market capitalization of $61.70 million, a P/E ratio of 31.33 and a beta of 0.91.

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

An institutional investor recently bought a new position in Global X Data Center & Digital Infrastructure ETF stock. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,941 shares of the company’s stock, valued at approximately $29,000. Ashton Thomas Private Wealth LLC owned 0.05% of Global X Data Center & Digital Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Global X Data Center & Digital Infrastructure ETF Company Profile

The Global X Data Center REITs & Digital Infrastructure ETF (VPN) 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. VPN was launched on Oct 27, 2020 and is managed by Global X.