Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sets New 1-Year High – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares hit a new 52-week high during trading on Monday . The company traded as high as $54.48 and last traded at $54.48, with a volume of 22319 shares. The stock had previously closed at $54.19.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.6%

The company has a market capitalization of $768.45 million, a PE ratio of 16.40 and a beta of 0.62. The firm has a 50-day moving average of $51.99 and a two-hundred day moving average of $50.37.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Ascentis Independent Advisors acquired a new position in Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter worth about $76,000. Cooksen Wealth LLC increased its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after buying an additional 11,466 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd 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.

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.