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

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) shares reached a new 52-week high on Thursday . The company traded as high as $45.56 and last traded at $45.30, with a volume of 651321 shares trading hands. The stock had previously closed at $45.52.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The stock’s fifty day moving average is $43.14 and its two-hundred day moving average is $43.02. The firm has a market capitalization of $8.07 billion, a price-to-earnings ratio of 16.47 and a beta of 0.67.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of large investors have recently added to or reduced their stakes in the company. Alexis Investment Partners LLC grew its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 4.4% during the 1st quarter. Alexis Investment Partners LLC now owns 163,654 shares of the exchange traded fund’s stock worth $7,130,000 after acquiring an additional 6,864 shares in the last quarter. OLD Mission Capital LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 1st quarter worth $2,847,000. Ameriprise Financial Inc. grew its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 23.9% during the 1st quarter. Ameriprise Financial Inc. now owns 16,031,048 shares of the exchange traded fund’s stock worth $693,818,000 after acquiring an additional 3,096,666 shares in the last quarter. Summit Financial LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 1st quarter worth $488,000. Finally, Flow Traders U.S. LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 1st quarter worth $11,310,000.

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.