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

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT)’s share price dropped 0.2% during trading on Thursday . The company traded as low as $80.02 and last traded at $80.37. 13,877 shares traded hands during trading, an increase of 90% from the average daily 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 business has a 50 day moving average of $81.09 and a 200 day moving average of $77.03. The company has a market cap of $49.01 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) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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 portfolio, making the stock its 29th biggest holding. PVG Asset Management Corp owned about 0.69% of iShares U.S. Digital Infrastructure and Real Estate ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares U.S. Digital Infrastructure and Real Estate ETF

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.