Harel Insurance Investments & Financial Services Ltd. Purchases 25,661 Shares of Global X DAX Germany ETF $DAX

Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Global X DAX Germany ETF (NASDAQ:DAX) by 49.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,910 shares of the exchange traded fund’s stock after acquiring an additional 25,661 shares during the period. Harel Insurance Investments & Financial Services Ltd. owned about 1.34% of Global X DAX Germany ETF worth $3,262,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DAX. Royal Bank of Canada raised its position in 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 purchasing an additional 168,106 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Global X DAX Germany ETF by 1,484.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 89,991 shares of the exchange traded fund’s stock valued at $4,105,000 after buying an additional 84,312 shares during the last quarter. 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 buying an additional 83,537 shares in the last quarter. Empowered Funds LLC bought a new stake in Global X DAX Germany ETF during the 1st quarter worth about $2,994,000. Finally, Marshall Wace LLP bought a new stake in shares of Global X DAX Germany ETF during the second quarter valued at approximately $1,465,000.

Global X DAX Germany ETF Stock Performance

NASDAQ:DAX opened at $44.36 on Thursday. The stock’s fifty day moving average price is $45.02 and its two-hundred day moving average price is $45.09. The company has a market cap of $239.54 million, a price-to-earnings ratio of 18.27 and a beta of 0.95. Global X DAX Germany ETF has a 52-week low of $40.35 and a 52-week high of $47.70.

Global X DAX Germany ETF Announces Dividend

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

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.