PVG Asset Management Corp Acquires New Position in iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT)

PVG Asset Management Corp bought a new position in iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 4,153 shares of the company’s stock, valued at approximately $327,000. iShares U.S. Digital Infrastructure and Real Estate ETF accounts for about 1.3% of PVG Asset Management Corp’s holdings, making the stock its 29th largest holding. PVG Asset Management Corp owned about 0.69% of iShares U.S. Digital Infrastructure and Real Estate ETF at the end of the most recent quarter.

iShares U.S. Digital Infrastructure and Real Estate ETF Stock Up 0.5 %

NYSEARCA IDGT traded up $0.44 during trading on Thursday, hitting $84.70. 1,231 shares of the stock traded hands, compared to its average volume of 6,595. The company has a market capitalization of $50.82 million and a P/E ratio of 30.09. iShares U.S. Digital Infrastructure and Real Estate ETF has a 12-month low of $61.39 and a 12-month high of $86.55. The firm has a 50-day simple moving average of $80.23 and a 200-day simple moving average of $75.60.

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.