Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Stock Price Down 0.3% – Here’s What Happened

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRESGet Free Report)’s share price was down 0.3% during trading on Friday . The stock traded as low as $24.18 and last traded at $24.10. Approximately 4 shares traded hands during trading, a decline of 98% from the average daily volume of 234 shares. The stock had previously closed at $24.18.

Xtrackers RREEF Global Natural Resources ETF Trading Up 0.3 %

The firm has a 50-day moving average of $25.07 and a 200 day moving average of $26.14. The stock has a market capitalization of $28.53 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 announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 20th were given a $0.1544 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend was Friday, December 20th.

Xtrackers RREEF Global Natural Resources ETF Company Profile

(Get Free Report)

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.

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