Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sets New 12-Month Low – Time to Sell?

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $22.81 and last traded at $22.81, with a volume of 186 shares trading hands. The stock had previously closed at $24.55.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Stock Performance

The business has a 50 day moving average of $24.83 and a two-hundred day moving average of $25.45. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 10.59 and a beta of 0.68.

Hedge Funds Weigh In On Xtrackers MSCI EAFE High Dividend Yield Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF stock. JPMorgan Chase & Co. increased its stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) by 11.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 119,938 shares of the company’s stock after purchasing an additional 12,340 shares during the quarter. JPMorgan Chase & Co. owned about 0.20% of Xtrackers MSCI EAFE High Dividend Yield Equity ETF worth $3,225,000 at the end of the most recent quarter.

About Xtrackers MSCI EAFE High Dividend Yield Equity ETF

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.