Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 52-Week High – Still a Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) reached a new 52-week high during trading on Wednesday . The company traded as high as $45.00 and last traded at $44.98, with a volume of 38032 shares traded. The stock had previously closed at $44.70.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.6 %

The stock has a fifty day moving average of $42.39 and a two-hundred day moving average of $41.90. The stock has a market capitalization of $591.49 million, a price-to-earnings ratio of 16.15 and a beta of 0.57.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,413 shares of the company’s stock after buying an additional 2,759 shares during the period. Xtrackers MSCI Europe Hedged Equity ETF accounts for about 1.7% of Cooksen Wealth LLC’s investment portfolio, making the stock its 19th biggest holding. Cooksen Wealth LLC owned approximately 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 at the end of the most recent 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.