Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sets New 1-Year High – Time to Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price hit a new 52-week high on Monday . The stock traded as high as $50.03 and last traded at $49.94, with a volume of 51174 shares. The stock had previously closed at $49.91.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The stock has a market cap of $8.47 billion, a price-to-earnings ratio of 16.43 and a beta of 0.64. The firm has a fifty day moving average of $48.33 and a 200 day moving average of $46.63.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Highline Wealth Partners LLC purchased a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the second quarter valued at about $35,000. Farther Finance Advisors LLC grew its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 25.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 184,888 shares of the exchange traded fund’s stock valued at $8,582,000 after buying an additional 37,913 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 2nd quarter valued at approximately $309,000. Vicus Capital increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 4.8% during the 3rd quarter. Vicus Capital now owns 233,802 shares of the exchange traded fund’s stock worth $10,853,000 after buying an additional 10,629 shares during the last quarter. Finally, Nova Wealth Management Inc. raised its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 48.9% during the 3rd quarter. Nova Wealth Management Inc. now owns 40,105 shares of the exchange traded fund’s stock valued at $1,861,000 after buying an additional 13,172 shares during the period.

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.