Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $50.46 and traded as low as $49.61. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $49.91, with a volume of 699,166 shares changing hands.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Down 0.5%

The stock has a 50-day simple moving average of $50.50 and a 200-day simple moving average of $48.48. The company has a market cap of $8.40 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 institutional investors have recently bought and sold shares of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter valued at about $42,000. Strive Financial Group LLC bought a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter worth about $331,000. Advisory Services Network LLC lifted its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.3% in the 4th quarter. Advisory Services Network LLC now owns 86,034 shares of the exchange traded fund’s stock worth $4,139,000 after acquiring an additional 1,086 shares during the period. Captrust Financial Advisors lifted its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.5% in the 4th quarter. Captrust Financial Advisors now owns 70,647 shares of the exchange traded fund’s stock worth $3,399,000 after acquiring an additional 1,025 shares during the period. Finally, GM Advisory Group LLC bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $1,244,000.

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.