Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Stock Price Breaks Above 50 Day Moving Average – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $55.02 and traded as high as $55.67. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $55.53, with a volume of 1,165,621 shares trading hands.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Up 0.9%

The company has a market cap of $9.52 billion, a price-to-earnings ratio of 18.45 and a beta of 0.63. The stock’s 50 day moving average price is $55.02 and its 200 day moving average price is $53.20.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of DBEF. Rosenberg Matthew Hamilton acquired a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter valued at $25,000. CoreCap Advisors LLC increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 155.1% during the 2nd quarter. CoreCap Advisors LLC now owns 847 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 515 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 2,782.1% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 1,124 shares of the exchange traded fund’s stock worth $61,000 after buying an additional 1,085 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 234.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,523 shares of the exchange traded fund’s stock worth $84,000 after buying an additional 1,067 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter worth $183,000.

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.