Global X Dax Germany ETF (NASDAQ:DAX) Shares Pass Above 50 Day Moving Average – Time to Sell?

Shares of Global X Dax Germany ETF (NASDAQ:DAX) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $34.05 and traded as high as $36.57. Global X Dax Germany ETF shares last traded at $36.41, with a volume of 9,976 shares traded.

Global X Dax Germany ETF Stock Up 0.1 %

The company’s fifty day moving average price is $34.05 and its two-hundred day moving average price is $33.60. The firm has a market cap of $73.18 million, a PE ratio of 15.06 and a beta of 1.01.

Global X Dax Germany ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a dividend of $0.0906 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Investors Weigh In On Global X Dax Germany ETF

Institutional investors have recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. purchased a new stake in Global X Dax Germany ETF during the second quarter worth $37,000. Laffer Tengler Investments Inc. boosted its position in shares of Global X Dax Germany ETF by 10.7% in the 3rd quarter. Laffer Tengler Investments Inc. now owns 7,472 shares of the exchange traded fund’s stock worth $262,000 after buying an additional 723 shares in the last quarter. Flow Traders U.S. LLC grew its stake in Global X Dax Germany ETF by 452.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 62,347 shares of the exchange traded fund’s stock valued at $2,189,000 after acquiring an additional 51,058 shares during the last quarter. Finally, Osborne Partners Capital Management LLC increased its holdings in Global X Dax Germany ETF by 1.1% during the 4th quarter. Osborne Partners Capital Management LLC now owns 663,344 shares of the exchange traded fund’s stock valued at $22,102,000 after acquiring an additional 6,911 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.