Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Stock Price Up 0.4% – Here’s Why

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) shot up 0.4% during trading on Tuesday . The company traded as high as $29.73 and last traded at $29.43. 739 shares traded hands during mid-day trading, an increase of 77% from the average session volume of 418 shares. The stock had previously closed at $29.30.

Xtrackers Cybersecurity Select Equity ETF Stock Up 0.4%

The company’s 50-day simple moving average is $32.85 and its 200 day simple moving average is $34.76. The stock has a market capitalization of $6.47 million, a price-to-earnings ratio of 28.10 and a beta of 1.04.

Xtrackers Cybersecurity Select Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, December 5th were given a $0.1578 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.63 annualized dividend and a yield of 2.1%. This is a positive change from Xtrackers Cybersecurity Select Equity ETF’s previous quarterly dividend of $0.03.

Institutional Trading of Xtrackers Cybersecurity Select Equity ETF

A hedge fund recently bought a new stake in Xtrackers Cybersecurity Select Equity ETF stock. Miller Global Investments LLC acquired a new stake in Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,078 shares of the company’s stock, valued at approximately $399,000. Miller Global Investments LLC owned about 5.49% of Xtrackers Cybersecurity Select Equity ETF as of its most recent filing with the SEC.

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.