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

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high on Wednesday . The company traded as high as $43.80 and last traded at $43.75, with a volume of 62555 shares changing hands. The stock had previously closed at $43.66.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 1.3 %

The firm has a 50 day moving average price of $41.92 and a 200-day moving average price of $41.75. The firm has a market cap of $584.12 million, a price-to-earnings ratio of 16.15 and a beta of 0.57.

Institutional Trading of 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 bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 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 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.