Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 52-Week High – What’s Next?
by Renee Jackson · The Cerbat GemXtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU – Get 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
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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