Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Reaches New 12-Month High – Here’s What Happened

Shares of Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) hit a new 52-week high on Monday . The company traded as high as $42.68 and last traded at $42.67, with a volume of 15101 shares traded. The stock had previously closed at $42.41.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The stock has a market capitalization of $6.00 billion, a P/E ratio of 16.37 and a beta of 0.60. The stock has a 50-day moving average price of $41.83 and a two-hundred day moving average price of $41.50.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several hedge funds have recently made changes to their positions in the company. NBC Securities Inc. raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 135.5% during the third quarter. NBC Securities Inc. now owns 624 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 359 shares during the last quarter. AdvisorNet Financial Inc raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 251.5% during the second quarter. AdvisorNet Financial Inc now owns 3,954 shares of the exchange traded fund’s stock valued at $164,000 after buying an additional 2,829 shares during the last quarter. Resolute Advisors LLC purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF during the third quarter valued at $246,000. Able Wealth Management LLC raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 7.7% during the third quarter. Able Wealth Management LLC now owns 23,326 shares of the exchange traded fund’s stock valued at $980,000 after buying an additional 1,676 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 2.2% during the second quarter. Farther Finance Advisors LLC now owns 32,228 shares of the exchange traded fund’s stock valued at $1,338,000 after buying an additional 690 shares during 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.