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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) reached a new 52-week high during trading on Tuesday . The stock traded as high as $53.70 and last traded at $53.54, with a volume of 19236 shares traded. The stock had previously closed at $53.53.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The stock has a 50-day moving average price of $51.52 and a two-hundred day moving average price of $50.01. The stock has a market capitalization of $795.07 million, a PE ratio of 16.40 and a beta of 0.62.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Large investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its position in shares of 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. Cooksen Wealth LLC increased its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after purchasing an additional 11,466 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF during the 1st quarter valued at $76,000.

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.