Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Large Volume Increase – Time to Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw strong trading volume on Tuesday . 162,293 shares traded hands during mid-day trading, an increase of 184% from the previous session’s volume of 57,233 shares.The stock last traded at $49.8840 and had previously closed at $49.61.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 1.0%

The firm has a market capitalization of $685.45 million, a price-to-earnings ratio of 16.40 and a beta of 0.71. The company has a fifty day moving average price of $48.60 and a 200-day moving average price of $46.92.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp raised its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after purchasing an additional 1,365 shares in the last quarter. Cooksen Wealth LLC increased its position in Xtrackers MSCI Europe Hedged Equity ETF by 3.1% during the third quarter. Cooksen Wealth LLC now owns 49,276 shares of the company’s stock worth $2,269,000 after buying an additional 1,491 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after buying an additional 65,754 shares in the last quarter. Finally, Flow Traders U.S. LLC lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 289.7% in the second quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock worth $4,342,000 after buying an additional 73,230 shares during the last quarter.

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.