Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Shares Pass Below 200 Day Moving Average – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $41.51 and traded as low as $41.26. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $41.49, with a volume of 280,741 shares traded.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

The company has a market cap of $5.86 billion, a price-to-earnings ratio of 16.37 and a beta of 0.60. The company’s 50-day simple moving average is $41.78 and its 200-day simple moving average is $41.51.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Continuum Advisory LLC grew its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 7.9% in the third quarter. Continuum Advisory LLC now owns 38,876 shares of the exchange traded fund’s stock worth $1,615,000 after purchasing an additional 2,850 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 3.0% in 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 during the last quarter. Resolute Advisors LLC bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter worth about $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 worth $980,000 after acquiring an additional 1,676 shares during the period. Finally, NBC Securities Inc. boosted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 135.5% in the third quarter. NBC Securities Inc. now owns 624 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 359 shares during the period.

Xtrackers MSCI EAFE Hedged Equity ETF Company Profile

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.