Commonwealth Equity Services LLC Buys 84,312 Shares of Global X DAX Germany ETF $DAX

Commonwealth Equity Services LLC increased its stake in Global X DAX Germany ETF (NASDAQ:DAX) by 1,484.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 89,991 shares of the exchange traded fund’s stock after purchasing an additional 84,312 shares during the quarter. Commonwealth Equity Services LLC owned approximately 1.49% of Global X DAX Germany ETF worth $4,105,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of DAX. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Global X DAX Germany ETF by 707.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 807 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 707 shares during the period. Spire Wealth Management raised its holdings in shares of Global X DAX Germany ETF by 72.7% in the 4th quarter. Spire Wealth Management now owns 950 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 400 shares during the period. CIBC Private Wealth Group LLC bought a new stake in shares of Global X DAX Germany ETF in the 4th quarter worth approximately $44,000. AE Wealth Management LLC raised its holdings in shares of Global X DAX Germany ETF by 668.0% in the 3rd quarter. AE Wealth Management LLC now owns 1,705 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 1,483 shares during the period. Finally, Comerica Bank raised its holdings in shares of Global X DAX Germany ETF by 1,659.7% in the 1st quarter. Comerica Bank now owns 2,534 shares of the exchange traded fund’s stock worth $99,000 after purchasing an additional 2,390 shares during the period.

Global X DAX Germany ETF Stock Performance

NASDAQ:DAX opened at $44.73 on Monday. The stock has a market capitalization of $259.88 million, a PE ratio of 18.27 and a beta of 0.94. The firm’s 50 day moving average is $44.59 and its 200 day moving average is $45.00. Global X DAX Germany ETF has a 12 month low of $40.35 and a 12 month high of $47.70.

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.