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

Shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) saw strong trading volume on Tuesday . 639,550 shares traded hands during mid-day trading, an increase of 242% from the previous session’s volume of 186,910 shares.The stock last traded at $33.12 and had previously closed at $33.12.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Price Performance

The stock has a market cap of $2.29 billion, a P/E ratio of 13.71 and a beta of 0.56. The business’s fifty day moving average price is $32.72 and its 200 day moving average price is $32.00.

Institutional Trading of Xtrackers MSCI EAFE High Dividend Yield Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 52.9% in the third quarter. JPMorgan Chase & Co. now owns 245,734 shares of the company’s stock valued at $7,230,000 after buying an additional 85,060 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 2,672.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 338,763 shares of the company’s stock valued at $10,498,000 after buying an additional 326,543 shares in the last quarter. ETF Portfolio Partners Inc. boosted its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 2.6% in the fourth quarter. ETF Portfolio Partners Inc. now owns 295,184 shares of the company’s stock valued at $9,148,000 after buying an additional 7,506 shares in the last quarter. Captrust Financial Advisors boosted its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% in the second quarter. Captrust Financial Advisors now owns 48,997 shares of the company’s stock valued at $1,414,000 after buying an additional 7,000 shares in the last quarter. Finally, Lodestone Wealth Management LLC acquired a new stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the fourth quarter valued at approximately $165,000.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Company Profile

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.