Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 1-Year High – Time to Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $53.50 and last traded at $53.46, with a volume of 345923 shares traded. The stock had previously closed at $52.06.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Up 2.8%

The business has a 50-day moving average price of $51.85 and a 200-day moving average price of $50.35. The firm has a market cap of $8.88 billion, a P/E ratio of 16.43 and a beta of 0.58.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DBEF. EverSource Wealth Advisors LLC grew its position 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. Captrust Financial Advisors lifted its position 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 period. Thoroughbred Financial Services LLC lifted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 4.0% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 160,943 shares of the exchange traded fund’s stock worth $7,470,000 after purchasing an additional 6,218 shares during the period. Mosaic Family Wealth Partners LLC lifted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.6% in the 3rd quarter. Mosaic Family Wealth Partners LLC now owns 1,499,934 shares of the exchange traded fund’s stock worth $69,402,000 after purchasing an additional 24,314 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter worth approximately $38,088,000.

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.