Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Stock Price Up 1.3%

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares shot up 1.3% during mid-day trading on Monday . The stock traded as high as $40.65 and last traded at $40.57. 42,397 shares were traded during mid-day trading, a decline of 57% from the average session volume of 99,690 shares. The stock had previously closed at $40.06.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The business has a 50 day simple moving average of $40.01 and a 200 day simple moving average of $37.85. The company has a market cap of $535.89 million, a price-to-earnings ratio of 15.82 and a beta of 0.76.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the fourth quarter valued at approximately $197,000. Private Trust Co. NA increased its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.0% in the 3rd quarter. Private Trust Co. NA now owns 6,698 shares of the company’s stock valued at $237,000 after buying an additional 1,586 shares during the period. Sierra Capital LLC raised its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 38.9% during the third quarter. Sierra Capital LLC now owns 9,234 shares of the company’s stock worth $327,000 after acquiring an additional 2,586 shares during the last quarter. Finally, Cooksen Wealth LLC acquired a new stake in Xtrackers MSCI Europe Hedged Equity ETF in the fourth quarter worth about $1,346,000.

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.