Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sets New 52-Week High – Still a Buy?

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) reached a new 52-week high during trading on Tuesday . The stock traded as high as $46.54 and last traded at $45.98, with a volume of 74671 shares traded. The stock had previously closed at $45.77.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The company has a market capitalization of $639.12 million, a price-to-earnings ratio of 16.74 and a beta of 0.72. The company has a fifty day simple moving average of $43.49 and a two-hundred day simple moving average of $42.37.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently bought a new stake 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 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (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 filing with the Securities and Exchange Commission (SEC).

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.