Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 52-Week High – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares hit a new 52-week high on Wednesday . The company traded as high as $45.00 and last traded at $44.98, with a volume of 38032 shares changing hands. The stock had previously closed at $44.70.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.6 %

The company’s fifty day moving average price is $42.39 and its two-hundred day moving average price is $41.90. The company has a market cap of $591.49 million, a price-to-earnings ratio of 16.15 and a beta of 0.57.

Institutional Investors 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 purchased a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 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 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.