Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 52-Week High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $54.98 and last traded at $54.93, with a volume of 694794 shares trading hands. The stock had previously closed at $54.70.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The stock has a market cap of $8.96 billion, a PE ratio of 16.43 and a beta of 0.58. The company has a 50 day moving average of $52.54 and a two-hundred day moving average of $50.78.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DBEF. EverSource Wealth Advisors LLC raised its stake 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 during the period. Captrust Financial Advisors grew its stake in 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 valued at $3,017,000 after acquiring an additional 792 shares during the period. Thoroughbred Financial Services LLC increased its holdings in 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 acquiring an additional 6,218 shares in the last quarter. Mosaic Family Wealth Partners LLC increased its holdings in 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 acquiring an additional 24,314 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth $38,088,000.

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.