Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 12-Month High – Should You Buy?

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high during trading on Monday . The stock traded as high as $48.83 and last traded at $48.7550, with a volume of 64108 shares traded. The stock had previously closed at $48.74.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The company has a fifty day moving average of $47.64 and a two-hundred day moving average of $46.16. The stock has a market capitalization of $676.06 million, a P/E ratio of 16.40 and a beta of 0.71.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several large investors have recently added to or reduced their stakes in DBEU. ORG Partners LLC raised its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 120.6% during the second quarter. ORG Partners LLC now owns 1,562 shares of the company’s stock worth $69,000 after purchasing an additional 854 shares during the period. Jones Financial Companies Lllp grew its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after buying an additional 1,365 shares during the last quarter. Cooksen Wealth LLC raised its stake in 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 acquiring an additional 11,466 shares during the period. Flow Traders U.S. LLC lifted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 289.7% in the second quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock worth $4,342,000 after acquiring an additional 73,230 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in 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 during the period.

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.