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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares reached a new 52-week high on Wednesday . The company traded as high as $52.51 and last traded at $52.39, with a volume of 34981 shares. The stock had previously closed at $51.81.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The company’s 50 day moving average price is $50.06 and its 200 day moving average price is $49.33. The company has a market cap of $777.99 million, a price-to-earnings ratio of 16.40 and a beta of 0.63.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DBEU. Ameriprise Financial Inc. lifted its position in 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 in the last quarter. Cooksen Wealth LLC lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the 2nd 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 in the last quarter. Jones Financial Companies Lllp lifted its position in 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 worth $619,000 after buying an additional 1,365 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the 1st quarter worth about $76,000.

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.