Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Shares Pass Above Fifty Day Moving Average of $41.19

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $41.19 and traded as high as $42.13. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $42.09, with a volume of 283,635 shares trading hands.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The business has a 50-day simple moving average of $41.19 and a two-hundred day simple moving average of $40.83. The company has a market capitalization of $5.91 billion, a price-to-earnings ratio of 16.37 and a beta of 0.60.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at $26,000. BNP Paribas Financial Markets acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the first quarter valued at about $58,000. YHB Investment Advisors Inc. purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the first quarter worth about $74,000. American National Bank grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 278.3% during the first quarter. American National Bank now owns 2,270 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 1,670 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the second quarter valued at about $123,000.

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.