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

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) shares were up 0.2% during trading on Friday . The company traded as high as $80.12 and last traded at $80.07. Approximately 6,604 shares were traded during trading, an increase of 8% from the average daily volume of 6,101 shares. The stock had previously closed at $79.94.

iShares U.S. Digital Infrastructure and Real Estate ETF Trading Up 0.2 %

The firm has a market capitalization of $48.04 million and a PE ratio of 30.09. The company has a fifty day moving average price of $78.43 and a two-hundred day moving average price of $73.52.

Hedge Funds Weigh In On 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. Howard Capital Management Group LLC acquired a new stake in shares of iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,312 shares of the company’s stock, valued at approximately $233,000. Howard Capital Management Group LLC owned about 0.55% of iShares U.S. Digital Infrastructure and Real Estate ETF as of its most recent SEC filing.

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.