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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s share price hit a new 52-week high on Tuesday . The company traded as high as $46.54 and last traded at $45.98, with a volume of 74671 shares changing hands. The stock had previously closed at $45.77.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market cap of $639.12 million, a PE ratio of 16.74 and a beta of 0.72. The stock has a 50-day simple moving average of $43.49 and a 200-day simple moving average of $42.37.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned approximately 0.12% of Xtrackers MSCI Europe Hedged Equity ETF as of its most recent SEC filing.

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.