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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high on Friday . The company traded as high as $43.00 and last traded at $42.94, with a volume of 781 shares traded. The stock had previously closed at $42.28.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The stock has a market capitalization of $563.61 million, a PE ratio of 16.15 and a beta of 0.57. The business has a 50 day moving average of $41.51 and a two-hundred day moving average of $41.67.

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 acquired a new position in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 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.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

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.