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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw unusually-high trading volume on Monday . Approximately 150,809 shares were traded during trading, an increase of 105% from the previous session’s volume of 73,732 shares.The stock last traded at $47.90 and had previously closed at $47.88.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The stock has a market capitalization of $643.31 million, a P/E ratio of 16.40 and a beta of 0.71. The stock has a 50-day simple moving average of $47.15 and a 200 day simple moving average of $45.85.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DBEU. ORG Partners LLC raised its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 120.6% during the 2nd quarter. ORG Partners LLC now owns 1,562 shares of the company’s stock worth $69,000 after purchasing an additional 854 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after buying an additional 1,365 shares during the period. Flow Traders U.S. LLC raised its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 2.9% during the first quarter. Flow Traders U.S. LLC now owns 25,280 shares of the company’s stock worth $1,116,000 after buying an additional 717 shares during the last quarter. Cooksen Wealth LLC lifted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after buying an additional 11,466 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after acquiring an additional 65,754 shares during the last quarter.

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.