Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Stock Price Breaks Above Fifty Day Moving Average – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $55.02 and traded as high as $55.67. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $55.53, with a volume of 1,165,621 shares changing hands.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 2.5%

The stock has a 50 day simple moving average of $55.02 and a 200 day simple moving average of $53.14. The stock has a market cap of $9.44 billion, a price-to-earnings ratio of 16.43 and a beta of 0.58.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DBEF. Harbour Investments Inc. grew its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 165.4% in the 3rd quarter. Harbour Investments Inc. now owns 49,646 shares of the exchange traded fund’s stock valued at $2,728,000 after buying an additional 30,943 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 234.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,523 shares of the exchange traded fund’s stock valued at $84,000 after acquiring an additional 1,067 shares during the period. Holos Integrated Wealth LLC raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 6.9% during the 3rd quarter. Holos Integrated Wealth LLC now owns 123,204 shares of the exchange traded fund’s stock valued at $6,727,000 after acquiring an additional 7,968 shares during the period. Root Financial Partners LLC purchased a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth $183,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth $25,000.

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.