Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Strong Trading Volume – Here’s Why

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw strong trading volume on Tuesday . 252,482 shares were traded during trading, an increase of 343% from the previous session’s volume of 56,970 shares.The stock last traded at $44.24 and had previously closed at $44.16.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The company has a market cap of $636.47 million, a P/E ratio of 17.13 and a beta of 0.72. The business has a fifty day simple moving average of $44.89 and a 200 day simple moving average of $42.85.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC raised its stake in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund 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 makes up about 1.7% of Cooksen Wealth LLC’s investment portfolio, making the stock its 19th largest holding. Cooksen Wealth LLC owned about 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 at the end of the most recent reporting 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.