Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 52-Week High – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) shares hit a new 52-week high on Tuesday . The company traded as high as $44.50 and last traded at $44.61, with a volume of 558060 shares trading hands. The stock had previously closed at $44.41.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The firm’s 50 day simple moving average is $42.54 and its 200-day simple moving average is $41.82. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 16.37 and a beta of 0.60.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

Large investors have recently made changes to their positions in the company. NBC Securities Inc. increased its position in Xtrackers MSCI EAFE Hedged Equity ETF by 135.5% during the third quarter. NBC Securities Inc. now owns 624 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 359 shares during the period. Bessemer Group Inc. purchased a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the fourth quarter worth approximately $46,000. AdvisorNet Financial Inc increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 26.0% in the 4th quarter. AdvisorNet Financial Inc now owns 4,897 shares of the exchange traded fund’s stock valued at $203,000 after acquiring an additional 1,010 shares during the period. Resolute Advisors LLC purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter valued at $246,000. Finally, Sentinus LLC boosted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 29.2% during the 4th quarter. Sentinus LLC now owns 7,458 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 1,686 shares during the period.

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.