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

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.90 and last traded at $50.7630, with a volume of 51535 shares traded. The stock had previously closed at $50.25.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 0.6%

The firm’s fifty day moving average is $49.02 and its two-hundred day moving average is $47.35. The firm has a market cap of $8.63 billion, a P/E ratio of 16.43 and a beta of 0.64.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Triumph Capital Management bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter valued at $26,000. Grey Fox Wealth Advisors LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter worth about $30,000. Root Financial Partners LLC purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter valued at about $46,000. Hoese & Co LLP bought a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the 2nd quarter valued at about $54,000. Finally, EverSource Wealth Advisors LLC increased its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 1,299.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,477 shares of the exchange traded fund’s stock valued at $108,000 after purchasing an additional 2,300 shares in 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.