Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Shares Up 0.5% – What’s Next?

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) shares shot up 0.5% on Thursday . The stock traded as high as $36.30 and last traded at $36.38. 34 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 1,469 shares. The stock had previously closed at $36.19.

Xtrackers RREEF Global Natural Resources ETF Price Performance

The stock’s 50 day simple moving average is $33.27 and its two-hundred day simple moving average is $33.74. The company has a market capitalization of $37.54 million, a P/E ratio of 15.81 and a beta of 0.21.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.2428 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.97 annualized dividend and a yield of 2.7%. This is a positive change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11.

Xtrackers RREEF Global Natural Resources ETF Company Profile

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.