Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Strong Trading Volume – Still a Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw unusually-high trading volume on Friday . Approximately 104,676 shares were traded during trading, an increase of 66% from the previous session’s volume of 63,040 shares.The stock last traded at $45.39 and had previously closed at $45.65.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The firm has a market capitalization of $636.62 million, a PE ratio of 16.74 and a beta of 0.72. The firm has a fifty day moving average price of $43.85 and a 200 day moving average price of $42.48.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 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 filing with the Securities and Exchange Commission.

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.