Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Large Volume Increase

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw an uptick in trading volume on Monday . 601,739 shares traded hands during mid-day trading, an increase of 517% from the previous session’s volume of 97,542 shares.The stock last traded at $41.08 and had previously closed at $40.91.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.6 %

The stock has a market cap of $541.39 million, a price-to-earnings ratio of 16.15 and a beta of 0.57. The business’s 50 day simple moving average is $40.31 and its 200 day simple moving average is $38.15.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Hedge funds have recently made changes to their positions in the business. Sierra Capital LLC raised its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 20.3% in the 4th quarter. Sierra Capital LLC now owns 11,109 shares of the company’s stock valued at $420,000 after acquiring an additional 1,875 shares during the period. Jones Financial Companies Lllp acquired a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the 4th quarter worth approximately $197,000. Finally, Cooksen Wealth LLC acquired a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the 4th quarter worth approximately $1,346,000.

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.