Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Strong Trading Volume – What’s Next?

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw unusually-strong trading volume on Friday . Approximately 178,381 shares changed hands during mid-day trading, an increase of 145% from the previous session’s volume of 72,733 shares.The stock last traded at $48.4750 and had previously closed at $48.00.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 1.3%

The firm’s 50-day simple moving average is $47.61 and its 200 day simple moving average is $46.12. The firm has a market cap of $653.71 million, a P/E ratio of 16.40 and a beta of 0.71.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Hedge funds have recently added to or reduced their stakes in the company. ORG Partners LLC grew its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 120.6% in the 2nd quarter. ORG Partners LLC now owns 1,562 shares of the company’s stock worth $69,000 after acquiring an additional 854 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after purchasing an additional 1,365 shares during the last quarter. Cooksen Wealth LLC lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after purchasing an additional 11,466 shares during the period. Flow Traders U.S. LLC increased its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 289.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock worth $4,342,000 after purchasing an additional 73,230 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after buying an additional 65,754 shares during the period.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted and currency-hedged index of companies in developed Europe. DBEU was launched on Oct 1, 2013 and is managed by Xtrackers.