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

Shares of Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) hit a new 52-week high during trading on Wednesday . The company traded as high as $55.87 and last traded at $55.72, with a volume of 317422 shares traded. The stock had previously closed at $55.16.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 1.0%

The company’s fifty day moving average is $54.18 and its 200 day moving average is $51.99. The firm has a market cap of $9.30 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 large investors have recently modified their holdings of DBEF. Sarver Vrooman Wealth Advisors grew its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 20.5% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 80,253 shares of the exchange traded fund’s stock valued at $3,861,000 after acquiring an additional 13,646 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 184.6% during the first quarter. Arkadios Wealth Advisors now owns 38,737 shares of the exchange traded fund’s stock worth $1,914,000 after acquiring an additional 25,126 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 0.8% during the first quarter. Mosaic Family Wealth Partners LLC now owns 1,497,101 shares of the exchange traded fund’s stock worth $73,957,000 after acquiring an additional 11,646 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 16.4% in the first quarter. Janney Montgomery Scott LLC now owns 255,234 shares of the exchange traded fund’s stock valued at $12,609,000 after purchasing an additional 35,932 shares in the last quarter. Finally, Stillwater Private Wealth LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the first quarter valued at approximately $1,070,000.

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.