Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 12-Month High – What’s Next?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price hit a new 52-week high on Thursday . The company traded as high as $52.69 and last traded at $52.57, with a volume of 9182 shares traded. The stock had previously closed at $51.34.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 2.4%

The firm has a market cap of $780.66 million, a price-to-earnings ratio of 16.40 and a beta of 0.62. The stock’s 50 day moving average is $50.94 and its 200 day moving average is $49.69.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several hedge funds have recently modified their holdings of the company. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the first quarter valued at $76,000. Jones Financial Companies Lllp raised its position in Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after acquiring an additional 1,365 shares in the last quarter. Cooksen Wealth LLC lifted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after acquiring an additional 11,466 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after purchasing an additional 65,754 shares in the last quarter.

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.