Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Large Volume Increase – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw unusually-high trading volume on Monday . Approximately 71,067 shares changed hands during mid-day trading, an increase of 37% from the previous session’s volume of 51,888 shares.The stock last traded at $55.24 and had previously closed at $55.32.

Xtrackers MSCI Europe Hedged Equity ETF Stock Down 0.1%

The company’s 50-day moving average is $53.47 and its 200-day moving average is $51.31. The stock has a market capitalization of $784.41 million, a price-to-earnings ratio of 16.40 and a beta of 0.62.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. raised its position in 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 valued at $4,842,000 after purchasing an additional 65,754 shares during the period. Cooksen Wealth LLC lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after buying an additional 11,466 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in Xtrackers MSCI Europe Hedged Equity ETF in the first quarter valued at about $76,000.

About Xtrackers MSCI Europe Hedged Equity ETF

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.