Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sets New 12-Month High – Still a Buy?

Shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) reached a new 52-week high on Monday . The company traded as high as $31.21 and last traded at $30.85, with a volume of 108012 shares changing hands. The stock had previously closed at $30.99.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Trading Down 0.3%

The stock has a 50 day simple moving average of $30.44 and a 200-day simple moving average of $29.77. The firm has a market capitalization of $2.22 billion, a P/E ratio of 13.71 and a beta of 0.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC grew its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 31.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,514 shares of the company’s stock valued at $45,000 after acquiring an additional 361 shares during the period. Private Trust Co. NA lifted its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 7.8% during the second quarter. Private Trust Co. NA now owns 5,745 shares of the company’s stock valued at $166,000 after purchasing an additional 414 shares in the last quarter. Captrust Financial Advisors grew its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% during the second quarter. Captrust Financial Advisors now owns 48,997 shares of the company’s stock valued at $1,414,000 after purchasing an additional 7,000 shares during the period. JPMorgan Chase & Co. increased its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 32.9% in the second quarter. JPMorgan Chase & Co. now owns 160,674 shares of the company’s stock worth $4,637,000 after buying an additional 39,735 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 90.6% in the second quarter. Flow Traders U.S. LLC now owns 170,880 shares of the company’s stock worth $4,932,000 after buying an additional 81,237 shares during the period.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Company Profile

The Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is an exchange-traded fund that is based on the MSCI EAFE High Dividend Yield index. The fund tracks a cap-weighted index of developed country stocks, ex-North America, selected by quality and dividend factors. HDEF was launched on Aug 12, 2015 and is managed by Xtrackers.