Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 1-Year High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) reached a new 52-week high during trading on Tuesday . The stock 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 Up 0.4%

The company has a market cap of $9.12 billion, a P/E ratio of 16.43 and a beta of 0.58. The business has a 50-day moving average price of $52.45 and a two-hundred day moving average price of $50.70.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC lifted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 3.8% during the 4th quarter. Western Wealth Management LLC now owns 6,291 shares of the exchange traded fund’s stock valued at $303,000 after purchasing an additional 232 shares during the period. Golden State Wealth Management LLC grew its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.3% during the 4th quarter. Golden State Wealth Management LLC now owns 5,967 shares of the exchange traded fund’s stock worth $287,000 after buying an additional 406 shares during the period. AdvisorNet Financial Inc raised its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 13.4% during the first quarter. AdvisorNet Financial Inc now owns 4,207 shares of the exchange traded fund’s stock worth $208,000 after buying an additional 496 shares during the last quarter. Tanglewood Legacy Advisors LLC lifted its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 1.2% in the fourth quarter. Tanglewood Legacy Advisors LLC now owns 43,322 shares of the exchange traded fund’s stock valued at $2,084,000 after buying an additional 512 shares during the period. Finally, Triumph Capital Management acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the third quarter valued at approximately $26,000.

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.