Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sees Large Volume Increase – Here’s Why

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) shares saw unusually-high trading volume on Thursday . Approximately 803,888 shares traded hands during trading, an increase of 275% from the previous session’s volume of 214,570 shares.The stock last traded at $32.08 and had previously closed at $32.33.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Price Performance

The stock’s fifty day moving average is $32.39 and its two-hundred day moving average is $30.86. The stock has a market capitalization of $2.28 billion, a P/E ratio of 13.71 and a beta of 0.67.

Hedge Funds Weigh In On Xtrackers MSCI EAFE High Dividend Yield Equity ETF

A number of hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC lifted its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 31.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,514 shares of the company’s stock worth $45,000 after buying an additional 361 shares during the period. Lodestone Wealth Management LLC acquired a new position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the fourth quarter worth $165,000. Captrust Financial Advisors raised its stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% during the second quarter. Captrust Financial Advisors now owns 48,997 shares of the company’s stock worth $1,414,000 after acquiring an additional 7,000 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 32.9% during the second quarter. JPMorgan Chase & Co. now owns 160,674 shares of the company’s stock valued at $4,637,000 after acquiring an additional 39,735 shares during the period. Finally, Flow Traders U.S. LLC lifted its holdings in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 90.6% during the second quarter. Flow Traders U.S. LLC now owns 170,880 shares of the company’s stock valued at $4,932,000 after acquiring an additional 81,237 shares during the period.

About Xtrackers MSCI EAFE High Dividend Yield Equity ETF

The Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is an exchange-traded fund that is based on the MSCI EAFE High Dividend Yield index. The fund tracks a cap-weighted index of developed country stocks, ex-North America, selected by quality and dividend factors. HDEF was launched on Aug 12, 2015 and is managed by Xtrackers.