Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Hits New 52-Week High – Still a Buy?

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF)’s share price hit a new 52-week high on Friday . The company traded as high as $31.32 and last traded at $31.3120, with a volume of 119247 shares. The stock had previously closed at $31.18.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Price Performance

The stock has a market cap of $2.24 billion, a P/E ratio of 13.71 and a beta of 0.67. The company has a fifty day moving average of $30.73 and a 200 day moving average of $29.94.

Hedge Funds Weigh In On Xtrackers MSCI EAFE High Dividend Yield Equity ETF

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 52.9% during the third quarter. JPMorgan Chase & Co. now owns 245,734 shares of the company’s stock valued at $7,230,000 after acquiring an additional 85,060 shares in the last quarter. Flow Traders U.S. LLC raised its holdings in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 90.6% during the 2nd quarter. Flow Traders U.S. LLC now owns 170,880 shares of the company’s stock valued at $4,932,000 after purchasing an additional 81,237 shares in the last quarter. ETF Portfolio Partners Inc. raised its holdings in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 6.4% during the 2nd quarter. ETF Portfolio Partners Inc. now owns 282,654 shares of the company’s stock valued at $8,157,000 after purchasing an additional 17,113 shares in the last quarter. Captrust Financial Advisors boosted its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% in the second quarter. Captrust Financial Advisors now owns 48,997 shares of the company’s stock worth $1,414,000 after purchasing an additional 7,000 shares in the last quarter. Finally, Lodestone Wealth Management LLC acquired a new position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the fourth quarter worth $165,000.

About Xtrackers MSCI EAFE High Dividend Yield Equity ETF

The Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is an exchange-traded fund that is based on the MSCI EAFE High Dividend Yield index. The fund tracks a cap-weighted index of developed country stocks, ex-North America, selected by quality and dividend factors. HDEF was launched on Aug 12, 2015 and is managed by Xtrackers.