Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 1-Year High – Still a Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $55.43 and last traded at $55.30, with a volume of 413708 shares. The stock had previously closed at $54.48.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The company has a market cap of $9.17 billion, a price-to-earnings ratio of 16.43 and a beta of 0.57. The company’s 50-day simple moving average is $54.08 and its 200-day simple moving average is $51.90.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Large investors have recently added to or reduced their stakes in the company. 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 worth $108,000 after buying an additional 2,300 shares during the period. Captrust Financial Advisors grew its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.2% during the second quarter. Captrust Financial Advisors now owns 68,967 shares of the exchange traded fund’s stock valued at $3,017,000 after acquiring an additional 792 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter valued at about $26,000. NewEdge Advisors LLC increased its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.9% during the third quarter. NewEdge Advisors LLC now owns 383,566 shares of the exchange traded fund’s stock worth $17,805,000 after acquiring an additional 7,325 shares during the last quarter. Finally, Ethos Financial Group LLC lifted its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 3.5% in the fourth quarter. Ethos Financial Group LLC now owns 245,337 shares of the exchange traded fund’s stock worth $11,803,000 after acquiring an additional 8,364 shares in the last quarter.

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.