Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Shares Up 0% – Still a Buy?

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) shot up 0% during trading on Friday . The company traded as high as $35.08 and last traded at $34.8303. 2 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 2,468 shares. The stock had previously closed at $34.83.

Xtrackers RREEF Global Natural Resources ETF Stock Up 0.0%

The stock has a market cap of $38.31 million, a PE ratio of 15.81 and a beta of 0.35. The stock has a 50-day moving average of $34.26 and a 200 day moving average of $30.72.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 20th were issued a $0.1143 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.46 dividend on an annualized basis and a yield of 1.3%.

About Xtrackers RREEF Global Natural Resources ETF

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.