Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 12-Month High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $42.74 and last traded at $42.71, with a volume of 76832 shares changing hands. The stock had previously closed at $42.48.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The stock has a market capitalization of $6.01 billion, a PE ratio of 16.37 and a beta of 0.60. The company has a 50-day moving average of $41.79 and a two-hundred day moving average of $41.55.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of DBEF. Certified Advisory Corp lifted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 37.6% during the second quarter. Certified Advisory Corp now owns 75,927 shares of the exchange traded fund’s stock valued at $3,146,000 after buying an additional 20,763 shares in the last quarter. NBC Securities Inc. lifted its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 135.5% during 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 in the last quarter. Able Wealth Management LLC boosted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 7.7% during the 3rd quarter. Able Wealth Management LLC now owns 23,326 shares of the exchange traded fund’s stock worth $980,000 after purchasing an additional 1,676 shares during the period. Resolute Advisors LLC acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter valued at $246,000. Finally, Captrust Financial Advisors raised its position in Xtrackers MSCI EAFE Hedged Equity ETF by 3.0% in the third quarter. Captrust Financial Advisors now owns 61,748 shares of the exchange traded fund’s stock valued at $2,595,000 after purchasing an additional 1,790 shares during the period.

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.