Avestar Capital LLC Takes Position in Global X DAX Germany ETF $DAX

Avestar Capital LLC bought a new position in Global X DAX Germany ETF (NASDAQ:DAX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,232 shares of the exchange traded fund’s stock, valued at approximately $923,000.

A number of other large investors also recently made changes to their positions in DAX. Comerica Bank increased its stake in shares of Global X DAX Germany ETF by 1,659.7% during the 1st quarter. Comerica Bank now owns 2,534 shares of the exchange traded fund’s stock valued at $99,000 after acquiring an additional 2,390 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Global X DAX Germany ETF by 672,424.0% in the 1st quarter. Royal Bank of Canada now owns 168,131 shares of the exchange traded fund’s stock valued at $6,574,000 after acquiring an additional 168,106 shares during the period. Empowered Funds LLC acquired a new position in shares of Global X DAX Germany ETF during the first quarter worth about $2,994,000. Jane Street Group LLC lifted its position in Global X DAX Germany ETF by 413.3% during the 1st quarter. Jane Street Group LLC now owns 103,748 shares of the exchange traded fund’s stock worth $4,057,000 after acquiring an additional 83,537 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Global X DAX Germany ETF during the second quarter worth $1,465,000.

Global X DAX Germany ETF Price Performance

NASDAQ:DAX opened at $45.82 on Friday. The stock has a market cap of $266.21 million, a P/E ratio of 18.27 and a beta of 0.94. Global X DAX Germany ETF has a 1-year low of $40.35 and a 1-year high of $47.70. The firm has a 50-day moving average of $44.54 and a two-hundred day moving average of $44.99.

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.