Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 1-Year High – Time to Buy?

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) reached a new 52-week high on Thursday . The stock traded as high as $53.50 and last traded at $53.46, with a volume of 345923 shares trading hands. The stock had previously closed at $52.06.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The firm has a fifty day simple moving average of $51.85 and a two-hundred day simple moving average of $50.35. The firm has a market cap of $8.88 billion, a PE ratio of 16.43 and a beta of 0.58.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DBEF. Flow Traders U.S. LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter valued at $38,088,000. Holos Integrated Wealth LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the fourth quarter valued at $5,830,000. Janney Montgomery Scott LLC increased its position in Xtrackers MSCI EAFE Hedged Equity ETF by 16.4% during 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 acquiring an additional 35,932 shares during the last quarter. Vicus Capital boosted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 12.3% during the fourth quarter. Vicus Capital now owns 262,585 shares of the exchange traded fund’s stock valued at $12,633,000 after buying an additional 28,783 shares during the period. 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 valued at $8,651,000 after buying an additional 28,480 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.