Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sets New 52-Week High – Still a Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) shares reached a new 52-week high on Monday . The stock traded as high as $49.12 and last traded at $49.1130, with a volume of 226583 shares traded. The stock had previously closed at $48.65.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 0.9%

The firm’s 50-day moving average price is $48.20 and its 200-day moving average price is $46.43. The company has a market cap of $8.32 billion, a P/E ratio of 16.43 and a beta of 0.64.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of large investors have recently made changes to their positions in DBEF. Highline Wealth Partners LLC purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the second quarter valued at approximately $35,000. Farther Finance Advisors LLC boosted its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 25.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 184,888 shares of the exchange traded fund’s stock valued at $8,582,000 after purchasing an additional 37,913 shares during the period. Arkadios Wealth Advisors bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 2nd quarter valued at $309,000. Nova Wealth Management Inc. grew its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 48.9% during the 3rd quarter. Nova Wealth Management Inc. now owns 40,105 shares of the exchange traded fund’s stock valued at $1,861,000 after purchasing an additional 13,172 shares in the last quarter. Finally, Vicus Capital increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 4.3% in the second quarter. Vicus Capital now owns 223,173 shares of the exchange traded fund’s stock worth $9,764,000 after purchasing an additional 9,249 shares during the period.

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.