Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sets New 12-Month High – Here’s Why

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $50.75 and last traded at $50.58, with a volume of 806 shares changing hands. The stock had previously closed at $50.51.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.5%

The company’s 50 day moving average is $48.95 and its 200 day moving average is $47.17. The stock has a market capitalization of $695.02 million, a price-to-earnings ratio of 16.40 and a beta of 0.71.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DBEU. Flow Traders U.S. LLC boosted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 289.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock worth $4,342,000 after purchasing an additional 73,230 shares during the period. Ameriprise Financial Inc. boosted its stake 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 worth $4,842,000 after buying an additional 65,754 shares during the period. Cooksen Wealth LLC grew its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the second 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. Finally, Jones Financial Companies Lllp grew its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after buying an additional 1,365 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.