Financial Management Professionals Inc. Lowers Stock Holdings in Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)

Financial Management Professionals Inc. trimmed its position in Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) by 10.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 81,694 shares of the exchange traded fund’s stock after selling 9,564 shares during the period. Financial Management Professionals Inc.’s holdings in Xtrackers MSCI EAFE Hedged Equity ETF were worth $3,344,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $26,000. Kozak & Associates Inc. purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $32,000. American National Bank raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 278.3% in the first quarter. American National Bank now owns 2,270 shares of the exchange traded fund’s stock valued at $93,000 after purchasing an additional 1,670 shares in the last quarter. Garde Capital Inc. purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $322,000. Finally, LVM Capital Management Ltd. MI purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $342,000.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

Shares of DBEF opened at $41.45 on Friday. The firm’s 50 day simple moving average is $41.41 and its 200 day simple moving average is $39.60. The company has a market capitalization of $5.82 billion, a P/E ratio of 16.37 and a beta of 0.60. Xtrackers MSCI EAFE Hedged Equity ETF has a 1-year low of $33.41 and a 1-year high of $42.21.

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.