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) reached a new 52-week high on Tuesday . The company 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 company has a market capitalization of $790.76 million, a PE ratio of 16.40 and a beta of 0.62. The stock has a 50 day moving average price of $51.61 and a two-hundred day moving average price of $50.09.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter valued at $76,000. Cooksen Wealth LLC increased its position in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the second 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 during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after buying an additional 65,754 shares in 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.