Commonwealth Equity Services LLC Acquires 84,312 Shares of Global X DAX Germany ETF $DAX

Commonwealth Equity Services LLC raised its holdings in shares of Global X DAX Germany ETF (NASDAQ:DAX) by 1,484.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,991 shares of the exchange traded fund’s stock after acquiring an additional 84,312 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Global X DAX Germany ETF were worth $4,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of DAX. Northwestern Mutual Wealth Management Co. raised its holdings in Global X DAX Germany ETF by 707.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 807 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 707 shares during the period. Spire Wealth Management raised its holdings in 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 valued at $43,000 after acquiring an additional 400 shares during the period. CIBC Private Wealth Group LLC bought a new stake in Global X DAX Germany ETF during the 4th quarter valued at $44,000. AE Wealth Management LLC raised its holdings in Global X DAX Germany ETF by 668.0% during the 3rd quarter. AE Wealth Management LLC now owns 1,705 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 1,483 shares during the period. Finally, Comerica Bank raised its holdings in 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 period.

Global X DAX Germany ETF Price Performance

Shares of DAX stock opened at $44.73 on Monday. The company’s fifty day simple moving average is $44.59 and its two-hundred day simple moving average is $45.00. Global X DAX Germany ETF has a 1 year low of $40.35 and a 1 year high of $47.70. The stock has a market capitalization of $259.88 million, a price-to-earnings ratio of 18.27 and a beta of 0.94.

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.