Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sets New 12-Month High – Still a Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $55.87 and last traded at $55.72, with a volume of 317422 shares. The stock had previously closed at $55.16.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 1.0%

The stock has a market capitalization of $9.30 billion, a P/E ratio of 16.43 and a beta of 0.57. The company has a fifty day simple moving average of $54.18 and a two-hundred day simple moving average of $51.99.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors have recently modified their holdings of the business. Triumph Capital Management acquired a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter valued at approximately $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter worth approximately $42,000. CoreCap Advisors LLC raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 155.1% during the 2nd quarter. CoreCap Advisors LLC now owns 847 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 515 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 2,782.1% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 1,124 shares of the exchange traded fund’s stock worth $61,000 after buying an additional 1,085 shares during the period. Finally, Root Financial Partners LLC lifted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 121.0% in the fourth quarter. Root Financial Partners LLC now owns 2,199 shares of the exchange traded fund’s stock valued at $106,000 after buying 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.