Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 1-Year High – Should You 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. The stock had previously closed at $43.60.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The company has a market cap of $6.10 billion, a P/E ratio of 16.37 and a beta of 0.60. The business has a 50 day moving average price of $42.32 and a two-hundred day moving average price of $41.68.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of DBEF. Burkett Financial Services LLC lifted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 1.8% during the 4th quarter. Burkett Financial Services LLC now owns 474,828 shares of the exchange traded fund’s stock valued at $19,658,000 after acquiring an additional 8,608 shares during the period. Hilltop Partners LLC boosted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 2.2% during the fourth quarter. Hilltop Partners LLC now owns 474,220 shares of the exchange traded fund’s stock valued at $19,633,000 after buying an additional 10,242 shares during the last quarter. Ethos Financial Group LLC increased its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 2.4% in the 4th quarter. Ethos Financial Group LLC now owns 215,663 shares of the exchange traded fund’s stock worth $8,928,000 after buying an additional 5,034 shares in the last quarter. Jones Financial Companies Lllp raised its position in Xtrackers MSCI EAFE Hedged Equity ETF by 93.0% in the 4th 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 during the last quarter. Finally, NewSquare Capital LLC lifted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 3.5% during the 4th quarter. NewSquare Capital LLC now owns 134,426 shares of the exchange traded fund’s stock valued at $5,411,000 after acquiring an additional 4,575 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.