Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $47.65 and traded as high as $48.39. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $48.37, with a volume of 595,203 shares changing hands.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The business’s 50-day moving average price is $47.65 and its 200 day moving average price is $45.90. The stock has a market capitalization of $8.45 billion, a PE ratio of 16.43 and a beta of 0.64.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 23.9% during the 1st quarter. Ameriprise Financial Inc. now owns 16,031,048 shares of the exchange traded fund’s stock valued at $693,818,000 after acquiring an additional 3,096,666 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the third quarter valued at approximately $38,088,000. Partners Capital Investment Group LLP raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 641.1% in the first quarter. Partners Capital Investment Group LLP now owns 226,059 shares of the exchange traded fund’s stock valued at $9,788,000 after purchasing an additional 195,555 shares in the last quarter. Carter Financial Group INC. bought a new stake in Xtrackers MSCI EAFE Hedged Equity ETF during the second quarter valued at approximately $5,869,000. Finally, OLD Mission Capital LLC purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 1st quarter worth approximately $2,847,000.

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.