Global X Dax Germany ETF (NASDAQ:DAX) Shares Cross Above Fifty Day Moving Average – Should You Sell?

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 changing hands.

Global X Dax Germany ETF Trading Up 0.1 %

The company has a market capitalization of $73.18 million, a PE ratio of 15.06 and a beta of 1.01. The business has a fifty day moving average of $34.05 and a 200 day moving average of $33.60.

Global X Dax Germany ETF Dividend Announcement

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

Institutional Trading of Global X Dax Germany ETF

Institutional investors have recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. purchased a new stake in Global X Dax Germany ETF in the 2nd quarter valued at $37,000. Laffer Tengler Investments Inc. raised its holdings in shares of Global X Dax Germany ETF by 10.7% in the third quarter. Laffer Tengler Investments Inc. now owns 7,472 shares of the exchange traded fund’s stock valued at $262,000 after buying an additional 723 shares during the last quarter. Flow Traders U.S. LLC boosted its stake 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 worth $2,189,000 after buying an additional 51,058 shares during the period. Finally, Osborne Partners Capital Management LLC increased its position in Global X Dax Germany ETF by 1.1% in 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 during the period.

About Global X Dax Germany ETF

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.