Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 52-Week High – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $52.78 and last traded at $52.77, with a volume of 173069 shares traded. The stock had previously closed at $52.54.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Up 0.5%

The business has a 50 day moving average of $50.66 and a 200-day moving average of $49.84. The stock has a market cap of $8.76 billion, a PE ratio of 16.43 and a beta of 0.58.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter worth approximately $26,000. Grey Fox Wealth Advisors LLC purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter worth approximately $30,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter worth approximately $42,000. Root Financial Partners LLC acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter worth approximately $46,000. Finally, EverSource Wealth Advisors LLC lifted its position 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 period.

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.