Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $41.79 and traded as low as $41.02. Xtrackers MSCI Europe Hedged Equity ETF shares last traded at $41.12, with a volume of 86,926 shares changing hands.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.2 %

The firm’s fifty day moving average price is $41.77 and its 200-day moving average price is $41.79. The company has a market cap of $539.41 million, a P/E ratio of 16.15 and a beta of 0.57.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of DBEU. Bank of New York Mellon Corp acquired a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the second quarter worth $276,000. Sierra Capital LLC boosted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 264.6% during the second quarter. Sierra Capital LLC now owns 41,139 shares of the company’s stock valued at $1,710,000 after purchasing an additional 29,857 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 3rd quarter worth approximately $690,000.

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.