Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 52-Week High – Time to Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $45.50 and last traded at $45.66, with a volume of 39890 shares. The stock had previously closed at $45.28.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a 50-day simple moving average of $42.85 and a 200 day simple moving average of $42.08. The company has a market capitalization of $595.56 million, a PE ratio of 16.15 and a beta of 0.57.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC boosted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,413 shares of the company’s stock after purchasing an additional 2,759 shares during the quarter. Xtrackers MSCI Europe Hedged Equity ETF makes up 1.7% of Cooksen Wealth LLC’s portfolio, making the stock its 19th biggest holding. Cooksen Wealth LLC owned 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 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.