Harel Insurance Investments & Financial Services Ltd. Purchases New Shares in Global X DAX Germany ETF $DAX

Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Global X DAX Germany ETF (NASDAQ:DAX) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 52,249 shares of the exchange traded fund’s stock, valued at approximately $2,314,000. Harel Insurance Investments & Financial Services Ltd. owned about 0.81% of Global X DAX Germany ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DAX. Royal Bank of Canada raised its position in shares of Global X DAX Germany ETF by 672,424.0% during 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 buying an additional 168,106 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Global X DAX Germany ETF during the second quarter worth approximately $4,768,000. Jane Street Group LLC raised its position in Global X DAX Germany ETF by 413.3% during the first quarter. Jane Street Group LLC now owns 103,748 shares of the exchange traded fund’s stock valued at $4,057,000 after purchasing an additional 83,537 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Global X DAX Germany ETF by 4,915.1% in the 2nd quarter. Osaic Holdings Inc. now owns 84,304 shares of the exchange traded fund’s stock valued at $3,788,000 after purchasing an additional 82,623 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Global X DAX Germany ETF in the 1st quarter valued at approximately $2,994,000.

Global X DAX Germany ETF Stock Performance

Shares of Global X DAX Germany ETF stock opened at $46.68 on Monday. The stock has a market cap of $282.41 million, a price-to-earnings ratio of 18.27 and a beta of 1.02. The stock has a 50 day moving average price of $44.94 and a 200-day moving average price of $44.76. Global X DAX Germany ETF has a one year low of $34.44 and a one year high of $47.31.

Global X DAX Germany ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.085 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 37.0%.

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.