Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Share Price Passes Below 50-Day Moving Average – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $41.71 and traded as low as $41.19. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $41.34, with a volume of 710,638 shares trading hands.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The company has a market cap of $5.80 billion, a P/E ratio of 16.37 and a beta of 0.60. The business has a 50-day moving average of $41.71 and a two-hundred day moving average of $41.49.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Large investors have recently modified their holdings of the business. NBC Securities Inc. raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 135.5% in the 3rd quarter. NBC Securities Inc. now owns 624 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 359 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 2.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 32,228 shares of the exchange traded fund’s stock worth $1,338,000 after acquiring an additional 690 shares in the last quarter. Continuum Advisory LLC grew its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 4.0% during the 2nd quarter. Continuum Advisory LLC now owns 36,026 shares of the exchange traded fund’s stock worth $1,493,000 after buying an additional 1,392 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 1st quarter worth approximately $58,000. Finally, Able Wealth Management LLC grew its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.7% in the 3rd quarter. Able Wealth Management LLC now owns 23,326 shares of the exchange traded fund’s stock valued at $980,000 after purchasing an additional 1,676 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.