Nova Wealth Management Inc. Buys 1,368 Shares of Xtrackers MSCI All World ex US Hedged Equity ETF $DBAW

Nova Wealth Management Inc. raised its stake in shares of Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) by 16.8% in the 2nd quarter, Holdings Channel reports. The firm owned 9,532 shares of the company’s stock after acquiring an additional 1,368 shares during the period. Nova Wealth Management Inc.’s holdings in Xtrackers MSCI All World ex US Hedged Equity ETF were worth $349,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DBAW. Jones Financial Companies Lllp increased its holdings in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 203.5% in the first quarter. Jones Financial Companies Lllp now owns 10,537 shares of the company’s stock worth $373,000 after purchasing an additional 7,065 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Xtrackers MSCI All World ex US Hedged Equity ETF in the 1st quarter worth approximately $913,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 4.3% during the 4th quarter. Ameriprise Financial Inc. now owns 295,803 shares of the company’s stock worth $10,046,000 after acquiring an additional 12,288 shares in the last quarter.

Xtrackers MSCI All World ex US Hedged Equity ETF Stock Performance

NYSEARCA DBAW opened at $38.95 on Friday. The stock has a 50 day moving average price of $37.83 and a 200-day moving average price of $36.34. Xtrackers MSCI All World ex US Hedged Equity ETF has a one year low of $30.90 and a one year high of $39.09. The company has a market capitalization of $192.80 million, a P/E ratio of 15.92 and a beta of 0.69.

Xtrackers MSCI All World ex US Hedged Equity ETF Company Profile

The Xtrackers MSCI All World ex U.S. Hedged Equity ETF (DBAW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap companies from developed and emerging markets, excluding the US. The fund hedges out its exposure to the underlying currencies, relative to the USD.