The X-trackers MSCI EAFE Hedged Equity Fund (DBEF) reported an outflow of approximately $91.3 million, translating to a 1.1% decrease in shares outstanding week over week, dropping from 176,750,001 to 174,750,001. This change occurred as of the latest trading day.
Key components of DBEF’s portfolio include Spotify Technology SA (SPOT), which fell about 1%, Sea Ltd (SE), which rose by about 0.7%, and CyberArk Software Ltd (CYBR), also up by around 0.7%. Over the past year, DBEF’s share has ranged from a low of $37.81 to a high of $46.42, closing at $45.73.
Changes in shares outstanding can influence the underlying assets within the ETF, affecting overall market dynamics. ETFs operate similarly to stocks, with ‘units’ being traded based on investor demand.
