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

Global X DAX Germany ETF (NASDAQ:DAXGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $44.54 and traded as high as $46.09. Global X DAX Germany ETF shares last traded at $45.82, with a volume of 29,184 shares.

Global X DAX Germany ETF Price Performance

The stock has a 50-day moving average price of $44.54 and a 200 day moving average price of $44.99. The firm has a market cap of $266.21 million, a price-to-earnings ratio of 18.27 and a beta of 0.94.

Hedge Funds Weigh In On Global X DAX Germany ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Y.D. More Investments Ltd grew its holdings in shares of Global X DAX Germany ETF by 13.5% during the fourth quarter. Y.D. More Investments Ltd now owns 143,564 shares of the exchange traded fund’s stock worth $6,563,000 after buying an additional 17,030 shares during the last quarter. Avestar Capital LLC purchased a new position in shares of Global X DAX Germany ETF during the fourth quarter worth about $923,000. Strait & Sound Wealth Management LLC grew its holdings in shares of Global X DAX Germany ETF by 5.7% during the fourth quarter. Strait & Sound Wealth Management LLC now owns 13,903 shares of the exchange traded fund’s stock worth $634,000 after buying an additional 755 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Global X DAX Germany ETF by 13.8% during the first quarter. Parallel Advisors LLC now owns 7,900 shares of the exchange traded fund’s stock worth $333,000 after buying an additional 960 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Global X DAX Germany ETF by 49.1% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 77,910 shares of the exchange traded fund’s stock worth $3,262,000 after buying an additional 25,661 shares during the last quarter.

About Global X DAX Germany ETF

(Get Free Report)

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.

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