Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) Shares Down 0.1% – Should You Sell?

Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) was down 0.1% during mid-day trading on Friday . The stock traded as low as $17.15 and last traded at $17.24. Approximately 108,214 shares changed hands during mid-day trading, an increase of 271% from the average daily volume of 29,197 shares. The stock had previously closed at $17.26.

Global X Data Center & Digital Infrastructure ETF Price Performance

The company’s fifty day simple moving average is $17.38 and its 200-day simple moving average is $16.32. The firm has a market capitalization of $61.03 million, a PE ratio of 31.33 and a beta of 0.91.

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

A hedge fund recently bought a new stake 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) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,941 shares of the company’s stock, valued at approximately $29,000. Ashton Thomas Private Wealth LLC owned about 0.05% of Global X Data Center & Digital Infrastructure ETF at the end of the most recent reporting period.

About Global X Data Center & Digital Infrastructure ETF

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.