Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 1-Year High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $55.05 and last traded at $55.04, with a volume of 25272 shares trading hands. The stock had previously closed at $54.38.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The firm’s 50-day simple moving average is $52.78 and its 200 day simple moving average is $50.98. The firm has a market capitalization of $9.11 billion, a price-to-earnings ratio of 16.43 and a beta of 0.57.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of institutional investors have recently modified their holdings of the business. Triumph Capital Management bought a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter worth $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at about $42,000. Root Financial Partners LLC grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 121.0% in the fourth quarter. Root Financial Partners LLC now owns 2,199 shares of the exchange traded fund’s stock valued at $106,000 after acquiring an additional 1,204 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake 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 acquiring an additional 2,300 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the fourth quarter worth about $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.