Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sets New 52-Week High – Should You Buy?

Shares of Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) reached a new 52-week high during trading on Thursday . The stock traded as high as $43.89 and last traded at $43.86, with a volume of 315503 shares changing hands. The stock had previously closed at $43.60.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 0.4 %

The firm has a market capitalization of $6.14 billion, a PE ratio of 16.37 and a beta of 0.60. The firm’s 50-day simple moving average is $42.24 and its 200-day simple moving average is $41.66.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Burkett Financial Services LLC boosted its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 1.8% in the fourth quarter. Burkett Financial Services LLC now owns 474,828 shares of the exchange traded fund’s stock valued at $19,658,000 after acquiring an additional 8,608 shares in the last quarter. Hilltop Partners LLC raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 2.2% in the fourth quarter. Hilltop Partners LLC now owns 474,220 shares of the exchange traded fund’s stock worth $19,633,000 after buying an additional 10,242 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 93.0% in the fourth quarter. Jones Financial Companies Lllp now owns 145,289 shares of the exchange traded fund’s stock worth $6,015,000 after buying an additional 69,995 shares during the period. Captrust Financial Advisors boosted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 3.0% during the 3rd quarter. Captrust Financial Advisors now owns 61,748 shares of the exchange traded fund’s stock valued at $2,595,000 after acquiring an additional 1,790 shares in the last quarter. Finally, Continuum Advisory LLC raised its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.9% in the 3rd quarter. Continuum Advisory LLC now owns 38,876 shares of the exchange traded fund’s stock worth $1,615,000 after acquiring an additional 2,850 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.