Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Stock Price Down 0.1% – Should You Sell?

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) shares dropped 0.1% on Friday . The stock traded as low as $33.79 and last traded at $33.8050. Approximately 310 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 785 shares. The stock had previously closed at $33.84.

Xtrackers Cybersecurity Select Equity ETF Price Performance

The company has a market capitalization of $7.44 million, a P/E ratio of 28.10 and a beta of 1.04. The business’s 50-day moving average price is $34.39 and its two-hundred day moving average price is $35.58.

Xtrackers Cybersecurity Select Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, December 5th were issued a dividend of $0.1578 per share. This is a boost from Xtrackers Cybersecurity Select Equity ETF’s previous quarterly dividend of $0.03. This represents a $0.63 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, December 5th.

Institutional Investors Weigh In On Xtrackers Cybersecurity Select Equity ETF

A hedge fund recently bought a new stake in Xtrackers Cybersecurity Select Equity ETF stock. Miller Global Investments LLC purchased a new position in shares of Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,078 shares of the company’s stock, valued at approximately $399,000. Miller Global Investments LLC owned 5.49% of Xtrackers Cybersecurity Select Equity ETF at the end of the most recent reporting period.

About Xtrackers Cybersecurity Select Equity ETF

The Xtrackers Cybersecurity Select Equity ETF (PSWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies globally that are engaged in the cybersecurity industry. The index screens securities based on various ESG criteria provided by Sustainalytics PSWD was launched on Jul 13, 2023 and is issued by Xtrackers.