Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 52-Week High – What’s Next?

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $51.88 and last traded at $51.88, with a volume of 20336 shares. The stock had previously closed at $51.56.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.8%

The firm has a market cap of $771.90 million, a PE ratio of 16.40 and a beta of 0.63. The stock has a 50 day simple moving average of $49.82 and a 200-day simple moving average of $49.19.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors purchased a new stake in Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter worth $76,000. Cooksen Wealth LLC increased its stake in 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 worth $2,106,000 after buying an additional 11,466 shares in the last quarter. Ameriprise Financial Inc. increased its stake in 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 buying an additional 65,754 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after buying an additional 1,365 shares in the last quarter.

About Xtrackers MSCI Europe Hedged Equity ETF

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.