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

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) shares hit a new 52-week high on Thursday . The company traded as high as $43.89 and last traded at $43.86, with a volume of 315503 shares trading hands. The stock had previously closed at $43.60.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The stock has a market capitalization of $6.10 billion, a P/E ratio of 16.37 and a beta of 0.60. The firm has a fifty day moving average price of $42.32 and a two-hundred day moving average price of $41.68.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jones Financial Companies Lllp increased its position in Xtrackers MSCI EAFE Hedged Equity ETF by 93.0% in the fourth quarter. Jones Financial Companies Lllp now owns 145,289 shares of the exchange traded fund’s stock worth $6,015,000 after buying an additional 69,995 shares in the last quarter. Bartlett & CO. Wealth Management LLC bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter valued at approximately $476,000. Sierra Ocean LLC bought a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter worth approximately $452,000. Hilltop Partners LLC raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 2.2% during the 4th quarter. Hilltop Partners LLC now owns 474,220 shares of the exchange traded fund’s stock worth $19,633,000 after acquiring an additional 10,242 shares during the period. Finally, Burkett Financial Services LLC lifted its holdings 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 valued at $19,658,000 after purchasing an additional 8,608 shares in 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.