Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 52-Week High – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $54.86 and last traded at $53.97, with a volume of 457082 shares. The stock had previously closed at $54.01.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Down 0.1%

The company has a market cap of $8.96 billion, a P/E ratio of 16.43 and a beta of 0.58. The business has a 50 day moving average price of $52.16 and a 200-day moving average price of $50.52.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

A number of large investors have recently added to or reduced their stakes in the company. Triumph Capital Management bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter valued at about $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the 4th quarter valued at about $42,000. Root Financial Partners LLC grew its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 121.0% during the fourth quarter. Root Financial Partners LLC now owns 2,199 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 1,204 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 1,299.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,477 shares of the exchange traded fund’s stock worth $108,000 after purchasing an additional 2,300 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the fourth quarter worth approximately $166,000.

About Xtrackers MSCI EAFE Hedged Equity ETF

The Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market equities excluding North America. It is hedged for currency exposure from a USD point of view. DBEF was launched on Jun 9, 2011 and is managed by Xtrackers.