Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Shares Down 2.2% – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price traded down 2.2% during mid-day trading on Friday . The stock traded as low as $46.50 and last traded at $46.75. 54,915 shares changed hands during trading, an increase of 9% from the average session volume of 50,567 shares. The stock had previously closed at $47.81.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The firm has a market cap of $645.15 million, a P/E ratio of 16.40 and a beta of 0.71. The company has a fifty day moving average of $49.88 and a 200-day moving average of $48.06.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in DBEU. Jones Financial Companies Lllp lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after purchasing an additional 1,365 shares in the last quarter. Cooksen Wealth LLC increased its stake in Xtrackers MSCI Europe Hedged Equity ETF by 3.1% in the 3rd quarter. Cooksen Wealth LLC now owns 49,276 shares of the company’s stock valued at $2,269,000 after buying an additional 1,491 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during 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, Flow Traders U.S. LLC lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 289.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock worth $4,342,000 after buying an additional 73,230 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.