iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Stock Price Down 0.2% – Time to Sell?

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT)’s stock price fell 0.2% during trading on Tuesday . The company traded as low as $76.42 and last traded at $77.04. 13,032 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 8,676 shares. The stock had previously closed at $77.23.

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

The business’s 50-day moving average is $81.33 and its 200 day moving average is $79.91. The company has a market cap of $127.12 million, a PE ratio of 31.57 and a beta of 1.06.

Institutional Investors Weigh In On iShares U.S. Digital Infrastructure and Real Estate ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC bought a new stake in iShares U.S. Digital Infrastructure and Real Estate ETF in the 4th quarter worth $386,000. PVG Asset Management Corp bought a new position in shares of iShares U.S. Digital Infrastructure and Real Estate ETF during the third quarter valued at about $327,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 72.3% during the fourth quarter. Jones Financial Companies Lllp now owns 3,271 shares of the company’s stock worth $263,000 after purchasing an additional 1,373 shares during the 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.