Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 52-Week High – Time to Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $43.00 and last traded at $42.94, with a volume of 781 shares changing hands. The stock had previously closed at $42.28.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 1.6 %

The stock has a market cap of $564.75 million, a P/E ratio of 16.15 and a beta of 0.57. The company’s fifty day simple moving average is $41.48 and its 200-day simple moving average is $41.66.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned approximately 0.12% of Xtrackers MSCI Europe Hedged Equity ETF as of its most recent SEC filing.

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.