Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sets New 12-Month High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $55.87 and last traded at $55.72, with a volume of 317422 shares trading hands. The stock had previously closed at $55.16.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Up 0.3%

The company has a market cap of $9.33 billion, a price-to-earnings ratio of 16.43 and a beta of 0.57. The firm’s fifty day simple moving average is $54.29 and its 200 day simple moving average is $52.07.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DBEF. Sarver Vrooman Wealth Advisors increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 20.5% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 80,253 shares of the exchange traded fund’s stock valued at $3,861,000 after purchasing an additional 13,646 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 16.4% during the first quarter. Janney Montgomery Scott LLC now owns 255,234 shares of the exchange traded fund’s stock worth $12,609,000 after buying an additional 35,932 shares in the last quarter. Mosaic Family Wealth Partners LLC grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 0.8% during the first quarter. Mosaic Family Wealth Partners LLC now owns 1,497,101 shares of the exchange traded fund’s stock worth $73,957,000 after buying an additional 11,646 shares during the period. Arkadios Wealth Advisors increased its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 184.6% in the first quarter. Arkadios Wealth Advisors now owns 38,737 shares of the exchange traded fund’s stock valued at $1,914,000 after buying an additional 25,126 shares in the last quarter. Finally, Ethos Financial Group LLC increased its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 10.8% in the first 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 in 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.