Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 1-Year High – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $53.42 and last traded at $53.05, with a volume of 19184 shares traded. The stock had previously closed at $53.03.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.0%

The firm has a market capitalization of $787.79 million, a P/E ratio of 16.40 and a beta of 0.62. The business’s fifty day moving average is $51.24 and its 200 day moving average is $49.85.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. grew its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after acquiring an additional 65,754 shares during the last quarter. Cooksen Wealth LLC boosted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after purchasing an additional 11,466 shares during the period. Finally, Ascentis Independent Advisors purchased a new position in Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter worth about $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.