Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sees Unusually-High Trading Volume – Here’s What Happened

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) saw unusually-strong trading volume on Monday . Approximately 488,578 shares traded hands during mid-day trading, an increase of 136% from the previous session’s volume of 206,727 shares.The stock last traded at $27.42 and had previously closed at $27.57.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Trading Down 1.0 %

The company has a market capitalization of $1.82 billion, a P/E ratio of 13.03 and a beta of 0.79. The stock’s fifty day moving average is $25.47 and its 200 day moving average is $25.62.

Hedge Funds Weigh In On Xtrackers MSCI EAFE High Dividend Yield Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cullen Capital Management LLC purchased a new position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 4th quarter valued at about $2,047,000. JPMorgan Chase & Co. increased its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 23.4% during the fourth quarter. JPMorgan Chase & Co. now owns 147,959 shares of the company’s stock valued at $3,594,000 after buying an additional 28,021 shares during the period. Colonial Trust Co SC bought a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the fourth quarter valued at approximately $200,000. Captrust Financial Advisors lifted its stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 10.8% in the fourth quarter. Captrust Financial Advisors now owns 44,736 shares of the company’s stock worth $1,087,000 after acquiring an additional 4,349 shares during the period. Finally, Farther Finance Advisors LLC purchased a new stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the fourth quarter worth $28,000.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Company Profile

The Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is an exchange-traded fund that is based on the MSCI EAFE High Dividend Yield index. The fund tracks a cap-weighted index of developed country stocks, ex-North America, selected by quality and dividend factors. HDEF was launched on Aug 12, 2015 and is managed by Xtrackers.