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

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $44.50 and last traded at $44.61, with a volume of 558060 shares changing hands. The stock had previously closed at $44.41.

Xtrackers MSCI EAFE Hedged Equity ETF Trading Up 0.8 %

The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of 16.37 and a beta of 0.60. The stock’s fifty day moving average price is $42.54 and its two-hundred day moving average price is $41.82.

Institutional Trading of Xtrackers MSCI EAFE Hedged Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. NBC Securities Inc. increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 135.5% in the 3rd quarter. NBC Securities Inc. now owns 624 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 359 shares during the last quarter. Bessemer Group Inc. acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $46,000. AdvisorNet Financial Inc increased its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 26.0% in the fourth quarter. AdvisorNet Financial Inc now owns 4,897 shares of the exchange traded fund’s stock valued at $203,000 after purchasing an additional 1,010 shares during the last quarter. Resolute Advisors LLC acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter worth approximately $246,000. Finally, Sentinus LLC raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 29.2% during the fourth quarter. Sentinus LLC now owns 7,458 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 1,686 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.