Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 1-Year High – Still a Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $42.68 and last traded at $42.67, with a volume of 15101 shares changing hands. The stock had previously closed at $42.41.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Down 0.6 %

The firm has a market capitalization of $5.93 billion, a PE ratio of 16.37 and a beta of 0.60. The firm’s 50 day moving average price is $41.85 and its two-hundred day moving average price is $41.51.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DBEF. NBC Securities Inc. raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 135.5% in the third quarter. NBC Securities Inc. now owns 624 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 359 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 2.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 32,228 shares of the exchange traded fund’s stock worth $1,338,000 after purchasing an additional 690 shares during the last quarter. Continuum Advisory LLC raised its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 4.0% in the 2nd quarter. Continuum Advisory LLC now owns 36,026 shares of the exchange traded fund’s stock valued at $1,493,000 after purchasing an additional 1,392 shares in the last quarter. Able Wealth Management LLC raised its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.7% in the 3rd quarter. Able Wealth Management LLC now owns 23,326 shares of the exchange traded fund’s stock valued at $980,000 after purchasing an additional 1,676 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 3.0% in the third quarter. Captrust Financial Advisors now owns 61,748 shares of the exchange traded fund’s stock worth $2,595,000 after purchasing an additional 1,790 shares in 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.