Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Trading Down 0% – Should You Sell?

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) shares fell 0% during mid-day trading on Tuesday . The stock traded as low as $25.88 and last traded at $25.88. 66 shares changed hands during trading, a decline of 99% from the average session volume of 5,040 shares. The stock had previously closed at $25.89.

Xtrackers RREEF Global Natural Resources ETF Price Performance

The business’s fifty day simple moving average is $26.67 and its 200 day simple moving average is $26.87. The stock has a market cap of $10.35 million, a price-to-earnings ratio of 12.65 and a beta of 0.60.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 20th were issued a $0.1018 dividend. This represents a $0.41 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend was Friday, September 20th.

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.