Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sets New 12-Month High – Here’s Why

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high on Wednesday . The stock traded as high as $46.26 and last traded at $45.81, with a volume of 1553 shares traded. The stock had previously closed at $45.55.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.7 %

The firm has a market capitalization of $603.06 million, a P/E ratio of 16.15 and a beta of 0.57. The firm has a 50-day moving average of $43.12 and a two-hundred day moving average of $42.24.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC bought 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 institutional investor bought 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned approximately 0.12% of Xtrackers MSCI Europe Hedged Equity ETF as of its most recent SEC filing.

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.