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

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

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.7 %

The company has a market cap of $603.06 million, a PE ratio of 16.15 and a beta of 0.57. The company has a 50-day moving average of $43.12 and a 200-day moving average of $42.24.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,413 shares of the company’s stock after buying an additional 2,759 shares during the period. Xtrackers MSCI Europe Hedged Equity ETF comprises about 1.7% of Cooksen Wealth LLC’s holdings, making the stock its 19th largest position. Cooksen Wealth LLC owned approximately 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 as of its most recent filing with the Securities & Exchange Commission.

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.