Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 12-Month High – What’s Next?

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high during trading on Thursday . The stock traded as high as $44.58 and last traded at $44.62, with a volume of 2155 shares. The stock had previously closed at $44.29.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market cap of $584.52 million, a P/E ratio of 16.15 and a beta of 0.57. The stock’s 50 day simple moving average is $42.27 and its two-hundred day simple moving average is $41.85.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC bought a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned about 0.12% of Xtrackers MSCI Europe Hedged Equity ETF at the end of the most recent quarter.

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.