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)’s stock price fell 0.1% during trading on Friday . The company traded as low as $17.15 and last traded at $17.24. 108,214 shares traded hands during trading, an increase of 271% from the average session volume of 29,197 shares. The stock had previously closed at $17.26.

Global X Data Center & Digital Infrastructure ETF Stock Down 0.1 %

The stock has a fifty day moving average price of $17.38 and a two-hundred day moving average price of $16.31. The company has a market capitalization of $61.03 million, a price-to-earnings ratio of 31.33 and a beta of 0.91.

Institutional Investors 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 bought a new stake in Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 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 quarter.

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.