Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 52-Week High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $55.43 and last traded at $55.30, with a volume of 413708 shares changing hands. The stock had previously closed at $54.48.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The company has a market cap of $9.23 billion, a PE ratio of 16.43 and a beta of 0.57. The stock has a fifty day moving average price of $53.99 and a 200-day moving average price of $51.85.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of institutional investors have recently bought and sold shares of DBEF. Triumph Capital Management purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the 3rd quarter valued at about $26,000. CoreCap Advisors LLC boosted its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 155.1% during the second quarter. CoreCap Advisors LLC now owns 847 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 515 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the fourth quarter worth approximately $42,000. Creative Financial Designs Inc. ADV grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 2,782.1% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,124 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 1,085 shares in the last quarter. Finally, Root Financial Partners LLC grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 121.0% during the fourth quarter. Root Financial Partners LLC now owns 2,199 shares of the exchange traded fund’s stock valued at $106,000 after purchasing an additional 1,204 shares in the last quarter.

About Xtrackers MSCI EAFE Hedged Equity ETF

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.