Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 1-Year High – Still a Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $47.66 and last traded at $47.66, with a volume of 18495 shares traded. The stock had previously closed at $47.11.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The company has a market capitalization of $641.03 million, a PE ratio of 16.40 and a beta of 0.71. The company’s fifty day moving average is $46.33 and its 200-day moving average is $45.46.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Partners Capital Investment Group LLP boosted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 90.1% during the 1st quarter. Partners Capital Investment Group LLP now owns 160,858 shares of the company’s stock worth $7,103,000 after purchasing an additional 76,236 shares during the last quarter. Flow Traders U.S. LLC boosted its position in Xtrackers MSCI Europe Hedged Equity ETF by 2.9% during the first quarter. Flow Traders U.S. LLC now owns 25,280 shares of the company’s stock worth $1,116,000 after acquiring an additional 717 shares during the last quarter. ORG Partners LLC boosted its position in Xtrackers MSCI Europe Hedged Equity ETF by 120.6% during the second quarter. ORG Partners LLC now owns 1,562 shares of the company’s stock worth $69,000 after acquiring an additional 854 shares during the last quarter. Ameriprise Financial Inc. grew 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 valued at $4,842,000 after acquiring an additional 65,754 shares in the last quarter. Finally, Cooksen Wealth LLC raised its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after acquiring an additional 11,466 shares during the last quarter.

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.