Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Large Volume Increase – Time to Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw an uptick in trading volume on Friday . 147,951 shares were traded during mid-day trading, an increase of 154% from the previous session’s volume of 58,318 shares.The stock last traded at $44.62 and had previously closed at $44.64.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market cap of $652.47 million, a price-to-earnings ratio of 16.72 and a beta of 0.66. The stock’s 50 day simple moving average is $43.50 and its two-hundred day simple moving average is $42.91.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Institutional investors have recently made changes to their positions in the business. Cooksen Wealth LLC lifted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 6.5% during the fourth quarter. Cooksen Wealth LLC now owns 45,413 shares of the company’s stock worth $1,871,000 after purchasing an additional 2,759 shares during the period. Sierra Capital LLC raised its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 15.9% in the 1st quarter. Sierra Capital LLC now owns 35,247 shares of the company’s stock worth $1,556,000 after buying an additional 4,833 shares in the last quarter. Finally, ORG Partners LLC bought a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF during the 1st quarter worth approximately $31,000.

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.