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

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) reached a new 52-week high during trading on Wednesday. The company traded as high as $55.63 and last traded at $55.5850, with a volume of 5,961 shares changing hands. The stock had previously closed at $55.45.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The firm’s fifty day simple moving average is $53.88 and its 200 day simple moving average is $52.27. The company has a market capitalization of $807.98 million, a price-to-earnings ratio of 19.54 and a beta of 0.60.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Harbour Investments Inc. acquired a new position in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,062 shares of the company’s stock, valued at approximately $110,000.

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.