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

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) shares reached a new 52-week high on Monday . The company traded as high as $48.31 and last traded at $48.3250, with a volume of 120887 shares. The stock had previously closed at $47.89.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The stock’s 50 day moving average is $46.87 and its two-hundred day moving average is $45.36. The firm has a market capitalization of $8.46 billion, a P/E ratio of 16.43 and a beta of 0.64.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth $30,000. Clean Yield Group bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the second quarter worth about $32,000. Highline Wealth Partners LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the second quarter worth about $35,000. Root Financial Partners LLC acquired a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter worth about $46,000. Finally, Hoese & Co LLP bought a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 2nd quarter valued at about $54,000.

Xtrackers MSCI EAFE Hedged Equity ETF Company Profile

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.