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) shares saw unusually-high trading volume on Friday . Approximately 605,339 shares were traded during trading, an increase of 157% from the previous session’s volume of 235,957 shares.The stock last traded at $28.30 and had previously closed at $27.97.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Stock Performance

The company has a market capitalization of $1.94 billion, a P/E ratio of 14.15 and a beta of 0.68. The stock’s fifty day moving average price is $27.00 and its 200-day moving average price is $25.81.

Institutional Trading of Xtrackers MSCI EAFE High Dividend Yield Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 4th quarter worth approximately $28,000. Colonial Trust Co SC bought a new position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the fourth quarter valued at approximately $200,000. Captrust Financial Advisors raised its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 10.8% during the fourth quarter. Captrust Financial Advisors now owns 44,736 shares of the company’s stock valued at $1,087,000 after purchasing an additional 4,349 shares in the last quarter. Cullen Capital Management LLC acquired a new stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the 4th quarter valued at $2,047,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 11.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 119,938 shares of the company’s stock valued at $3,225,000 after purchasing an additional 12,340 shares during the last quarter.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Company Profile

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.