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

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) hit a new 52-week high on Tuesday . The stock traded as high as $45.50 and last traded at $45.66, with a volume of 39890 shares trading hands. The stock had previously closed at $45.28.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.3 %

The firm has a 50 day simple moving average of $42.85 and a two-hundred day simple moving average of $42.08. The company has a market capitalization of $595.56 million, a PE ratio of 16.15 and a beta of 0.57.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC lifted its holdings in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,413 shares of the company’s stock after buying an additional 2,759 shares during the quarter. Xtrackers MSCI Europe Hedged Equity ETF accounts for 1.7% of Cooksen Wealth LLC’s portfolio, making the stock its 19th biggest holding. Cooksen Wealth LLC owned 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 as of its most recent SEC filing.

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.