Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Trading Down 0.8% – Time to Sell?

Shares of Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) traded down 0.8% during trading on Friday . The stock traded as low as $25.70 and last traded at $25.70. 3 shares were traded during trading, a decline of 100% from the average session volume of 3,192 shares. The stock had previously closed at $25.92.

Xtrackers RREEF Global Natural Resources ETF Trading Down 0.8%

The company has a market cap of $30.33 million, a price-to-earnings ratio of 16.97 and a beta of 0.60. The firm’s 50-day moving average price is $24.72 and its 200 day moving average price is $24.68.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 20th will be given a dividend of $0.1987 per share. This is an increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Friday, June 20th. This represents a $0.79 annualized dividend and a dividend yield of 3.09%.

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.