Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 52-Week High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $55.43 and last traded at $55.30, with a volume of 413708 shares trading hands. The stock had previously closed at $54.48.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 1.5%

The business has a 50-day simple moving average of $53.99 and a two-hundred day simple moving average of $51.85. The stock has a market capitalization of $9.23 billion, a price-to-earnings ratio of 16.43 and a beta of 0.57.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in Xtrackers MSCI EAFE Hedged Equity ETF by 1,299.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,477 shares of the exchange traded fund’s stock worth $108,000 after acquiring an additional 2,300 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.2% in the 2nd quarter. Captrust Financial Advisors now owns 68,967 shares of the exchange traded fund’s stock worth $3,017,000 after purchasing an additional 792 shares during the last quarter. Triumph Capital Management bought a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter worth approximately $26,000. NewEdge Advisors LLC raised its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.9% in the 3rd quarter. NewEdge Advisors LLC now owns 383,566 shares of the exchange traded fund’s stock worth $17,805,000 after purchasing an additional 7,325 shares in the last quarter. Finally, Ethos Financial Group LLC lifted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 3.5% during the fourth quarter. Ethos Financial Group LLC now owns 245,337 shares of the exchange traded fund’s stock valued at $11,803,000 after purchasing an additional 8,364 shares during the last quarter.

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.