Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Shares Down 2.2% – Here’s What Happened
by Jessica Moore · The Cerbat GemShares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU – Get Free Report) dropped 2.2% during mid-day trading on Friday . The stock traded as low as $46.50 and last traded at $46.75. Approximately 54,915 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 50,567 shares. The stock had previously closed at $47.81.
Xtrackers MSCI Europe Hedged Equity ETF Stock Down 2.2%
The stock has a 50-day moving average of $49.88 and a 200 day moving average of $48.06. The company has a market capitalization of $645.15 million, a PE ratio of 16.40 and a beta of 0.71.
Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF
Several large investors have recently made changes to their positions in DBEU. Jones Financial Companies Lllp increased its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after purchasing an additional 1,365 shares during the last quarter. Cooksen Wealth LLC boosted its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after buying an additional 11,466 shares during the last quarter. Flow Traders U.S. LLC grew its position in Xtrackers MSCI Europe Hedged Equity ETF by 289.7% during the second quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock valued at $4,342,000 after buying an additional 73,230 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after buying an additional 65,754 shares during the last 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.