Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $55.23 and traded as high as $55.68. Xtrackers MSCI EAFE Hedged Equity ETF shares last traded at $55.60, with a volume of 279,817 shares changing hands.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 0.1%

The stock has a market cap of $9.34 billion, a P/E ratio of 16.43 and a beta of 0.57. The stock has a fifty day simple moving average of $55.26 and a 200-day simple moving average of $52.86.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DBEF. Janney Montgomery Scott LLC grew its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 16.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 255,234 shares of the exchange traded fund’s stock valued at $12,609,000 after purchasing an additional 35,932 shares during the period. Alexis Investment Partners LLC raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 18.9% during the 1st quarter. Alexis Investment Partners LLC now owns 179,222 shares of the exchange traded fund’s stock worth $8,651,000 after buying an additional 28,480 shares during the period. Ethos Financial Group LLC lifted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 10.8% in the first quarter. Ethos Financial Group LLC now owns 271,799 shares of the exchange traded fund’s stock valued at $13,427,000 after buying an additional 26,462 shares in the last quarter. GM Advisory Group LLC bought a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $1,244,000. Finally, Arkadios Wealth Advisors boosted its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 184.6% in the first quarter. Arkadios Wealth Advisors now owns 38,737 shares of the exchange traded fund’s stock valued at $1,914,000 after buying an additional 25,126 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.