Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sets New 12-Month High – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $55.61 and last traded at $55.61, with a volume of 226 shares changing hands. The stock had previously closed at $55.29.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The company has a 50-day moving average of $53.53 and a two-hundred day moving average of $51.35. The stock has a market capitalization of $788.67 million, a PE ratio of 16.40 and a beta of 0.62.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the second 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 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 purchasing an additional 11,466 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in Xtrackers MSCI Europe Hedged Equity ETF during the first quarter worth approximately $76,000.

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.