Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 1-Year High – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price hit a new 52-week high on Tuesday . The company traded as high as $52.15 and last traded at $51.84, with a volume of 457237 shares changing hands. The stock had previously closed at $52.08.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The company has a 50-day moving average of $49.81 and a 200 day moving average of $48.02. The firm has a market cap of $8.85 billion, a P/E ratio of 16.43 and a beta of 0.64.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

A number of institutional investors have recently bought and sold shares of the business. Triumph Capital Management acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter worth approximately $26,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth approximately $30,000. Root Financial Partners LLC acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth about $46,000. EverSource Wealth Advisors LLC raised its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1,299.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,477 shares of the exchange traded fund’s stock worth $108,000 after buying an additional 2,300 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 4th quarter valued at approximately $166,000.

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.