Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sets New 12-Month High – Time to Buy?

Shares of Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) hit a new 52-week high on Tuesday . The stock traded as high as $42.74 and last traded at $42.71, with a volume of 76832 shares traded. The stock had previously closed at $42.48.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

The firm has a market capitalization of $6.01 billion, a PE ratio of 16.37 and a beta of 0.60. The company has a fifty day simple moving average of $41.86 and a two-hundred day simple moving average of $41.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DBEF. Bartlett & CO. Wealth Management LLC bought a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the 4th quarter worth $476,000. Burkett Financial Services LLC grew its stake 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 purchasing an additional 8,608 shares during the last quarter. Resolute Advisors LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the third quarter worth about $246,000. Continuum Advisory LLC lifted its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.9% during the third quarter. Continuum Advisory LLC now owns 38,876 shares of the exchange traded fund’s stock valued at $1,615,000 after buying an additional 2,850 shares during the last quarter. Finally, Captrust Financial Advisors boosted 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 buying an additional 1,790 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.