Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Unusually-High Trading Volume – Time to Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw unusually-high trading volume on Wednesday . 18,817 shares were traded during trading, a decline of 72% from the previous session’s volume of 67,489 shares.The stock last traded at $41.14 and had previously closed at $41.12.

Xtrackers MSCI Europe Hedged Equity ETF Stock Down 0.2 %

The firm has a market capitalization of $539.68 million, a PE ratio of 16.15 and a beta of 0.57. The business has a 50-day moving average price of $41.79 and a 200-day moving average price of $41.79.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DBEU. Flow Traders U.S. LLC purchased a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the 3rd quarter worth about $690,000. Sierra Capital LLC grew its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 264.6% in the 2nd quarter. Sierra Capital LLC now owns 41,139 shares of the company’s stock valued at $1,710,000 after buying an additional 29,857 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Xtrackers MSCI Europe Hedged Equity ETF in the second quarter valued at $276,000.

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.