Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 12-Month High – What’s Next?

Shares of Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $43.40 and last traded at $43.01, with a volume of 566397 shares trading hands. The stock had previously closed at $43.15.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Down 0.5 %

The firm has a market capitalization of $6.04 billion, a PE ratio of 16.37 and a beta of 0.60. The firm’s fifty day moving average price is $41.93 and its 200 day moving average price is $41.58.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DBEF. NBC Securities Inc. increased its position in shares of 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 acquiring an additional 359 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in 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 purchasing an additional 1,010 shares during the last quarter. Resolute Advisors LLC acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the third quarter valued at approximately $246,000. Bartlett & CO. Wealth Management LLC bought a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the 4th quarter valued at $476,000. Finally, Able Wealth Management LLC grew its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.7% in the third 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.

About Xtrackers MSCI EAFE Hedged Equity ETF

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.