Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 52-Week High – What’s Next?

by · The Cerbat Gem

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEUGet Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $51.88 and last traded at $51.88, with a volume of 20336 shares traded. The stock had previously closed at $51.56.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.8%

The company has a market capitalization of $771.90 million, a PE ratio of 16.40 and a beta of 0.63. The stock’s 50-day moving average is $49.82 and its two-hundred day moving average is $49.19.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors have recently modified their holdings of the stock. Ascentis Independent Advisors purchased a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF during the first quarter worth approximately $76,000. Jones Financial Companies Lllp boosted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after acquiring an additional 1,365 shares in the last quarter. Cooksen Wealth LLC boosted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 3.1% in the third quarter. Cooksen Wealth LLC now owns 49,276 shares of the company’s stock valued at $2,269,000 after acquiring an additional 1,491 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of 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 valued at $4,842,000 after acquiring an additional 65,754 shares in the last quarter.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

(Get Free Report)

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.

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