Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) Shares Down 0.1% – Here’s Why

Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN)’s stock price fell 0.1% during mid-day trading on Friday . The stock 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 Trading Down 0.1 %

The firm has a 50 day moving average of $17.38 and a 200-day moving average of $16.32. The company has a market cap of $61.03 million, a P/E 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 acquired a new position in Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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.