Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sets New 52-Week High – Time to Buy?

Shares of Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) reached a new 52-week high on Monday . The company traded as high as $43.40 and last traded at $43.01, with a volume of 566397 shares. The stock had previously closed at $43.15.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 16.37 and a beta of 0.60. The company’s 50-day simple moving average is $42.00 and its 200-day simple moving average is $41.59.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter worth approximately $476,000. Burkett Financial Services LLC lifted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 1.8% during the fourth quarter. Burkett Financial Services LLC now owns 474,828 shares of the exchange traded fund’s stock worth $19,658,000 after purchasing an additional 8,608 shares during the last quarter. Resolute Advisors LLC acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter valued at $246,000. Continuum Advisory LLC increased its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.9% in the 3rd quarter. Continuum Advisory LLC now owns 38,876 shares of the exchange traded fund’s stock valued at $1,615,000 after purchasing an additional 2,850 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 3.0% during the 3rd quarter. Captrust Financial Advisors now owns 61,748 shares of the exchange traded fund’s stock worth $2,595,000 after buying an additional 1,790 shares during 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.