Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw strong trading volume on Tuesday . 123,122 shares were traded during trading, an increase of 100% from the previous session’s volume of 61,713 shares.The stock last traded at $45.44 and had previously closed at $45.27.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The firm has a 50 day moving average of $44.65 and a 200-day moving average of $42.73. The stock has a market capitalization of $651.49 million, a P/E ratio of 17.13 and a beta of 0.72.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently bought a new stake 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 third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent reporting 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.