Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 52-Week High – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) reached a new 52-week high on Monday . The stock traded as high as $50.75 and last traded at $50.06, with a volume of 6791 shares trading hands. The stock had previously closed at $49.61.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.5%

The firm has a market cap of $690.41 million, a P/E ratio of 16.40 and a beta of 0.71. The business has a fifty day simple moving average of $48.65 and a 200-day simple moving average of $46.96.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its holdings 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 worth $4,842,000 after purchasing an additional 65,754 shares during the period. Flow Traders U.S. LLC grew its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 289.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock worth $4,342,000 after buying an additional 73,230 shares during the last quarter. Cooksen Wealth LLC increased its position in Xtrackers MSCI Europe Hedged Equity ETF by 3.1% during the 3rd quarter. Cooksen Wealth LLC now owns 49,276 shares of the company’s stock valued at $2,269,000 after buying an additional 1,491 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its position in Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after buying an additional 1,365 shares in the last quarter.

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.