iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Shares Down 0.2% – Here’s Why

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT)’s share price fell 0.2% during trading on Thursday . The stock traded as low as $80.02 and last traded at $80.37. 13,877 shares changed hands during trading, an increase of 90% from the average session volume of 7,308 shares. The stock had previously closed at $80.55.

iShares U.S. Digital Infrastructure and Real Estate ETF Price Performance

The firm has a 50-day simple moving average of $81.07 and a 200 day simple moving average of $76.92. The firm has a market cap of $48.22 million and a PE ratio of 30.09.

Institutional Trading of iShares U.S. Digital Infrastructure and Real Estate ETF

A hedge fund recently bought a new stake in iShares U.S. Digital Infrastructure and Real Estate ETF stock. PVG Asset Management Corp purchased a new position in iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,153 shares of the company’s stock, valued at approximately $327,000. iShares U.S. Digital Infrastructure and Real Estate ETF makes up 1.3% of PVG Asset Management Corp’s investment portfolio, making the stock its 29th largest holding. PVG Asset Management Corp owned approximately 0.69% of iShares U.S. Digital Infrastructure and Real Estate ETF at the end of the most recent reporting period.

iShares U.S. Digital Infrastructure and Real Estate ETF Company Profile

The iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of 50 US stocks involved in data centers, telecommunication towers, and related equipment. The fund uses a tiered approach in selection and weighting.