Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Hits New 12-Month High – Should You Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $54.86 and last traded at $53.97, with a volume of 457082 shares changing hands. The stock had previously closed at $54.01.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The business has a 50-day moving average of $52.32 and a 200-day moving average of $50.61. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 16.43 and a beta of 0.58.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several large investors have recently modified their holdings of DBEF. Stillwater Private Wealth LLC purchased a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the first quarter worth approximately $1,070,000. Arkadios Wealth Advisors grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 184.6% during the 1st quarter. Arkadios Wealth Advisors now owns 38,737 shares of the exchange traded fund’s stock worth $1,914,000 after purchasing an additional 25,126 shares during the last quarter. Ethos Financial Group LLC grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 10.8% during the 1st quarter. Ethos Financial Group LLC now owns 271,799 shares of the exchange traded fund’s stock worth $13,427,000 after purchasing an additional 26,462 shares during the last quarter. Mosaic Family Wealth Partners LLC increased its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 0.8% in the first quarter. Mosaic Family Wealth Partners LLC now owns 1,497,101 shares of the exchange traded fund’s stock valued at $73,957,000 after purchasing an additional 11,646 shares during the period. Finally, Carter Financial Group INC. increased its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 2.7% in the first quarter. Carter Financial Group INC. now owns 138,374 shares of the exchange traded fund’s stock valued at $6,836,000 after purchasing an additional 3,624 shares during the period.

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.