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

Shares of iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) fell 0.2% during mid-day trading on Tuesday . The company traded as low as $76.42 and last traded at $77.04. 13,032 shares changed 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 Price Performance

The company has a 50 day moving average of $81.33 and a 200-day moving average of $79.91. The company has a market cap of $127.12 million, a P/E ratio of 31.57 and a beta of 1.06.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IDGT. Jones Financial Companies Lllp raised its position in 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 valued at $263,000 after purchasing an additional 1,373 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of iShares U.S. Digital Infrastructure and Real Estate ETF during the 4th quarter valued at about $386,000. Finally, PVG Asset Management Corp purchased a new position in shares of iShares U.S. Digital Infrastructure and Real Estate ETF during the 3rd quarter valued at about $327,000.

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.