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

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $44.58 and last traded at $44.62, with a volume of 2155 shares trading hands. The stock had previously closed at $44.29.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The stock has a market cap of $587.48 million, a P/E ratio of 16.15 and a beta of 0.57. The firm’s 50 day moving average is $42.20 and its 200 day moving average is $41.83.

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 acquired a new stake in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned about 0.12% of Xtrackers MSCI Europe Hedged Equity ETF at the end of the most recent reporting period.

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.