Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sets New 52-Week High – Time to Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price reached a new 52-week high on Wednesday. The stock traded as high as $55.63 and last traded at $55.5850, with a volume of 5,961 shares trading hands. The stock had previously closed at $55.45.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.5%

The firm has a 50-day moving average of $53.88 and a two-hundred day moving average of $52.27. The stock has a market capitalization of $807.98 million, a price-to-earnings ratio of 19.54 and a beta of 0.60.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Harbour Investments Inc. purchased a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,062 shares of the company’s stock, valued at approximately $110,000.

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.