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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw an uptick in trading volume on Tuesday . 123,122 shares traded hands during mid-day trading, an increase of 100% from the previous session’s volume of 61,713 shares.The stock last traded at $45.44 and had previously closed at $45.27.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.3 %

The stock has a market cap of $651.49 million, a price-to-earnings ratio of 17.13 and a beta of 0.72. The company’s 50-day moving average is $44.65 and its 200-day moving average is $42.73.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC raised its position in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,413 shares of the company’s stock after buying an additional 2,759 shares during the period. Xtrackers MSCI Europe Hedged Equity ETF accounts for about 1.7% of Cooksen Wealth LLC’s investment portfolio, making the stock its 19th biggest position. Cooksen Wealth LLC owned 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 at the end of the most recent reporting period.

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.