Global X Dax Germany ETF (NASDAQ:DAX) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Global X Dax Germany ETF (NASDAQ:DAX) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $38.04 and traded as high as $40.60. Global X Dax Germany ETF shares last traded at $40.49, with a volume of 354,890 shares.

Global X Dax Germany ETF Stock Up 1.0 %

The stock’s fifty day simple moving average is $38.04 and its two-hundred day simple moving average is $35.35. The firm has a market cap of $81.38 million, a PE ratio of 19.24 and a beta of 1.01.

Global X Dax Germany ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.0906 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Hedge Funds Weigh In On Global X Dax Germany ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Cape Investment Advisory Inc. increased its position in shares of Global X Dax Germany ETF by 32.9% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,267 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 314 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in Global X Dax Germany ETF during the 4th quarter valued at $597,000. Jane Street Group LLC increased its holdings in shares of Global X Dax Germany ETF by 18.0% in the 4th quarter. Jane Street Group LLC now owns 20,211 shares of the exchange traded fund’s stock worth $673,000 after purchasing an additional 3,082 shares in the last quarter. Flow Traders U.S. LLC boosted its position in shares of Global X Dax Germany ETF by 452.3% during the third quarter. Flow Traders U.S. LLC now owns 62,347 shares of the exchange traded fund’s stock valued at $2,189,000 after buying an additional 51,058 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Global X Dax Germany ETF by 17.9% in the 4th quarter. LPL Financial LLC now owns 84,014 shares of the exchange traded fund’s stock worth $2,799,000 after buying an additional 12,774 shares in the last quarter.

Global X Dax Germany ETF Company Profile

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.