Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) Trading Down 0.5% – Time to Sell?

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

Global X Data Center & Digital Infrastructure ETF Price Performance

The company’s fifty day moving average price is $17.00 and its 200 day moving average price is $15.70. The company has a market cap of $61.70 million, a PE 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 purchased a new position in 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. The fund purchased 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 as of its most recent filing with the Securities and Exchange Commission.

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.