Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 1-Year High – What’s Next?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $50.78 and last traded at $50.72, with a volume of 111283 shares changing hands. The stock had previously closed at $50.15.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The firm has a 50-day moving average of $49.15 and a 200-day moving average of $47.34. The firm has a market capitalization of $699.94 million, a P/E ratio of 16.40 and a beta of 0.71.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several institutional investors have recently made changes to their positions in DBEU. Flow Traders U.S. LLC lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 289.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock valued at $4,342,000 after buying an additional 73,230 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after acquiring an additional 65,754 shares during the period. Cooksen Wealth LLC lifted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after purchasing an additional 11,466 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of 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 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.