Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 12-Month High – What’s Next?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $51.35 and last traded at $51.30, with a volume of 1104379 shares. The stock had previously closed at $50.95.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The firm’s 50 day simple moving average is $49.22 and its 200-day simple moving average is $47.52. The company has a market capitalization of $8.76 billion, a price-to-earnings ratio of 16.43 and a beta of 0.64.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several hedge funds have recently bought and sold shares of the business. Triumph Capital Management acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter worth about $26,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the third quarter worth approximately $30,000. Root Financial Partners LLC acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth approximately $46,000. Hoese & Co LLP purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the second quarter valued at approximately $54,000. Finally, EverSource Wealth Advisors LLC grew its position 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 valued at $108,000 after purchasing an additional 2,300 shares in the last quarter.

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.