Global X Data Center REITs & Digital Infrastructure ETF (NASDAQ:VPN) Stock Price Down 2%

Global X Data Center REITs & Digital Infrastructure ETF (NASDAQ:VPN – Get Rating) fell 2% during mid-day trading on Wednesday . The stock traded as low as $12.20 and last traded at $12.20. 11,311 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 25,313 shares. The stock had previously closed at $12.45.

Global X Data Center REITs & Digital Infrastructure ETF Price Performance

The company has a market cap of $29.56 million, a P/E ratio of 42.47 and a beta of 0.91. The company has a fifty day simple moving average of $12.68 and a 200-day simple moving average of $12.83.

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

A number of institutional investors have recently bought and sold shares of the stock. Flow Traders U.S. LLC increased its stake in Global X Data Center REITs & Digital Infrastructure ETF by 55.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 86,365 shares of the company’s stock worth $1,061,000 after purchasing an additional 30,858 shares in the last quarter. Laffer Tengler Investments boosted its stake in Global X Data Center REITs & Digital Infrastructure ETF by 143.4% in the 4th quarter. Laffer Tengler Investments now owns 47,377 shares of the company’s stock worth $591,000 after purchasing an additional 27,916 shares during the period. Finally, OLD Mission Capital LLC acquired a new position in Global X Data Center REITs & Digital Infrastructure ETF in the 4th quarter worth approximately $29,000.

About Global X Data Center REITs & Digital Infrastructure ETF

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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.