iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Trading Up 0.1% – Here’s Why

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) shares traded up 0.1% on Wednesday . The company traded as high as $85.96 and last traded at $85.89. 9,547 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 9,583 shares. The stock had previously closed at $85.83.

iShares U.S. Digital Infrastructure and Real Estate ETF Stock Up 0.1%

The firm has a market capitalization of $133.13 million, a PE ratio of 32.93 and a beta of 1.08. The business’s 50-day moving average price is $87.35 and its 200-day moving average price is $85.17.

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

A number of institutional investors have recently modified their holdings of IDGT. Sunbelt Securities Inc. grew its holdings in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 7,428.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,882 shares of the company’s stock valued at $163,000 after acquiring an additional 1,857 shares in the last quarter. Howard Capital Management Group LLC purchased a new stake in shares of iShares U.S. Digital Infrastructure and Real Estate ETF during the third quarter worth $208,000. Captrust Financial Advisors acquired a new stake in iShares U.S. Digital Infrastructure and Real Estate ETF during the second quarter valued at $223,000. Parallel Advisors LLC purchased a new position in iShares U.S. Digital Infrastructure and Real Estate ETF in the second quarter valued at about $470,000. Finally, Jones Financial Companies Lllp grew its stake in iShares U.S. Digital Infrastructure and Real Estate ETF by 39.5% in the third quarter. Jones Financial Companies Lllp now owns 5,491 shares of the company’s stock valued at $474,000 after purchasing an additional 1,555 shares in the last quarter.

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. IDGT was launched on Jul 10, 2001 and is issued by BlackRock.