Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Trading Up 0.9% – Still a Buy?

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES)’s share price was up 0.9% during trading on Tuesday . The company traded as high as $34.11 and last traded at $34.11. Approximately 2,956 shares were traded during trading, an increase of 56% from the average daily volume of 1,891 shares. The stock had previously closed at $33.81.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

The company has a market cap of $37.52 million, a PE ratio of 15.81 and a beta of 0.21. The stock’s 50-day simple moving average is $34.36 and its 200 day simple moving average is $32.26.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 20th were given a dividend of $0.1143 per share. The ex-dividend date was Friday, March 20th. This represents a $0.46 dividend on an annualized basis and a yield of 1.3%.

Xtrackers RREEF Global Natural Resources ETF Company Profile

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.