Global X DAX Germany ETF (NASDAQ:DAX) Stock Passes Below 50-Day Moving Average – Here’s Why

Posted by Francis Steltz on Jul 24th, 2026

Shares of Global X DAX Germany ETF (NASDAQ:DAX – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $44.89 and traded as low as $43.41. Global X DAX Germany ETF shares last traded at $43.63, with a volume of 42,067 shares changing hands.

Global X DAX Germany ETF Trading Down 1.6%

The firm has a 50 day moving average price of $44.89 and a 200-day moving average price of $45.02. The firm has a market cap of $218.59 million, a PE ratio of 18.27 and a beta of 0.95.

Global X DAX Germany ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were paid a $0.8567 dividend. The ex-dividend date was Monday, June 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Global X DAX Germany ETF by 707.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 807 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 707 shares during the last quarter. Spire Wealth Management lifted its position in shares of Global X DAX Germany ETF by 72.7% during the 4th quarter. Spire Wealth Management now owns 950 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 400 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of Global X DAX Germany ETF during the 4th quarter worth $44,000. Comerica Bank grew its stake in shares of Global X DAX Germany ETF by 1,659.7% during the first quarter. Comerica Bank now owns 2,534 shares of the exchange traded fund’s stock worth $99,000 after purchasing an additional 2,390 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Global X DAX Germany ETF during the second quarter worth $188,000.

Global X DAX Germany ETF Company Profile

(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.