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

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

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The stock has a market capitalization of $8.96 billion, a P/E ratio of 16.43 and a beta of 0.58. The business’s 50 day simple moving average is $52.16 and its 200-day simple moving average is $50.52.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DBEF. Flow Traders U.S. LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter worth $38,088,000. Holos Integrated Wealth LLC acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 4th quarter valued at about $5,830,000. Janney Montgomery Scott LLC lifted its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 16.4% in the first quarter. Janney Montgomery Scott LLC now owns 255,234 shares of the exchange traded fund’s stock valued at $12,609,000 after purchasing an additional 35,932 shares in the last quarter. Vicus Capital lifted its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 12.3% in the fourth quarter. Vicus Capital now owns 262,585 shares of the exchange traded fund’s stock valued at $12,633,000 after purchasing an additional 28,783 shares in the last quarter. Finally, Alexis Investment Partners LLC boosted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 18.9% during the first quarter. Alexis Investment Partners LLC now owns 179,222 shares of the exchange traded fund’s stock worth $8,651,000 after buying an additional 28,480 shares during the period.

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.