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

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $51.83 and last traded at $51.8760, with a volume of 55056 shares traded. The stock had previously closed at $51.44.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Up 0.8%

The firm’s fifty day moving average price is $49.57 and its 200-day moving average price is $47.81. The company has a market cap of $8.86 billion, a P/E ratio of 16.43 and a beta of 0.64.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Trust Co. NA increased its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 16.0% during the 2nd quarter. Private Trust Co. NA now owns 2,983 shares of the exchange traded fund’s stock valued at $131,000 after purchasing an additional 411 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the second quarter valued at about $309,000. NewSquare Capital LLC raised its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.0% in the second quarter. NewSquare Capital LLC now owns 150,654 shares of the exchange traded fund’s stock valued at $6,428,000 after buying an additional 9,809 shares during the last quarter. Ethos Financial Group LLC lifted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 11.7% during the 2nd quarter. Ethos Financial Group LLC now owns 240,909 shares of the exchange traded fund’s stock worth $10,540,000 after buying an additional 25,246 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in 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 acquiring an additional 2,300 shares during the last quarter.

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.