Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Shares Pass Above Fifty Day Moving Average – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $53.73 and traded as high as $55.18. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $54.92, with a volume of 320,329 shares traded.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 0.5%

The stock’s 50-day moving average price is $53.77 and its 200 day moving average price is $51.69. The company has a market cap of $9.13 billion, a P/E ratio of 16.43 and a beta of 0.57.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of hedge funds have recently bought and sold shares of the company. CoreCap Advisors LLC grew its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 155.1% in the second quarter. CoreCap Advisors LLC now owns 847 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 515 shares during the last quarter. Sarver Vrooman Wealth Advisors lifted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.9% during the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 78,314 shares of the exchange traded fund’s stock worth $4,312,000 after purchasing an additional 1,427 shares during the last quarter. Stillwater Private Wealth LLC acquired a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the 1st quarter worth about $1,070,000. Arkadios Wealth Advisors boosted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 184.6% during the 1st quarter. Arkadios Wealth Advisors now owns 38,737 shares of the exchange traded fund’s stock valued at $1,914,000 after purchasing an additional 25,126 shares during the period. Finally, Ethos Financial Group LLC grew its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 10.8% in the 1st quarter. Ethos Financial Group LLC now owns 271,799 shares of the exchange traded fund’s stock valued at $13,427,000 after buying an additional 26,462 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.