Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 12-Month High – What’s Next?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $52.51 and last traded at $52.39, with a volume of 34981 shares changing hands. The stock had previously closed at $51.81.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.5%

The business has a 50-day moving average price of $50.18 and a 200 day moving average price of $49.40. The company has a market cap of $772.05 million, a price-to-earnings ratio of 16.40 and a beta of 0.63.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF during the 1st quarter valued at $76,000. Jones Financial Companies Lllp lifted its position in shares of 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 acquiring an additional 1,365 shares during the last quarter. Cooksen Wealth LLC lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after acquiring an additional 11,466 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after acquiring an additional 65,754 shares during 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.