Lyell Wealth Management LP Makes New Investment in Global X DAX Germany ETF $DAX

Lyell Wealth Management LP purchased a new position in Global X DAX Germany ETF (NASDAQ:DAX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,495 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Apollon Wealth Management LLC boosted its stake in Global X DAX Germany ETF by 3.2% in the 1st quarter. Apollon Wealth Management LLC now owns 18,503 shares of the exchange traded fund’s stock worth $723,000 after purchasing an additional 581 shares during the period. CWM LLC bought a new position in Global X DAX Germany ETF in the 1st quarter worth approximately $61,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Global X DAX Germany ETF in the 1st quarter worth approximately $79,000. Genesee Capital Advisors LLC boosted its stake in Global X DAX Germany ETF by 5.6% in the 2nd quarter. Genesee Capital Advisors LLC now owns 41,644 shares of the exchange traded fund’s stock worth $1,871,000 after purchasing an additional 2,190 shares during the period. Finally, Comerica Bank boosted its stake in 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 Price Performance

DAX stock opened at $45.05 on Tuesday. Global X DAX Germany ETF has a 1-year low of $32.33 and a 1-year high of $46.09. The company has a market capitalization of $290.12 million, a price-to-earnings ratio of 18.27 and a beta of 1.01. The business has a 50 day simple moving average of $44.69 and a two-hundred day simple moving average of $43.57.

Global X DAX Germany ETF Company Profile

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.