Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sees Strong Trading Volume – Time to Buy?

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) saw unusually-high trading volume on Monday . Approximately 488,578 shares were traded during trading, an increase of 136% from the previous session’s volume of 206,727 shares.The stock last traded at $27.42 and had previously closed at $27.57.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Stock Up 0.1 %

The company has a fifty day moving average of $25.59 and a two-hundred day moving average of $25.64. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 13.03 and a beta of 0.79.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HDEF. JPMorgan Chase & Co. boosted its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 11.5% in the third quarter. JPMorgan Chase & Co. now owns 119,938 shares of the company’s stock valued at $3,225,000 after buying an additional 12,340 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 4th quarter worth $28,000. Cullen Capital Management LLC acquired a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 4th quarter worth $2,047,000. Captrust Financial Advisors grew its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 10.8% during the 4th quarter. Captrust Financial Advisors now owns 44,736 shares of the company’s stock worth $1,087,000 after purchasing an additional 4,349 shares during the period. Finally, Colonial Trust Co SC purchased a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the 4th quarter valued at about $200,000.

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.