Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 52-Week High – Still a Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $42.74 and last traded at $42.71, with a volume of 76832 shares changing hands. The stock had previously closed at $42.48.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The stock’s fifty day moving average is $41.86 and its 200 day moving average is $41.57. The stock has a market cap of $6.01 billion, a P/E ratio of 16.37 and a beta of 0.60.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DBEF. Burkett Financial Services LLC boosted its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.8% during the fourth quarter. Burkett Financial Services LLC now owns 474,828 shares of the exchange traded fund’s stock valued at $19,658,000 after purchasing an additional 8,608 shares during the period. Captrust Financial Advisors boosted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 3.0% in the 3rd quarter. Captrust Financial Advisors now owns 61,748 shares of the exchange traded fund’s stock valued at $2,595,000 after buying an additional 1,790 shares during the period. Continuum Advisory LLC grew its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 7.9% in the 3rd quarter. Continuum Advisory LLC now owns 38,876 shares of the exchange traded fund’s stock worth $1,615,000 after acquiring an additional 2,850 shares in the last quarter. Able Wealth Management LLC grew its stake in 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 worth $980,000 after acquiring an additional 1,676 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the fourth quarter worth approximately $476,000.

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.