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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw unusually-high trading volume on Monday . Approximately 71,067 shares changed hands during mid-day trading, an increase of 37% from the previous session’s volume of 51,888 shares.The stock last traded at $55.24 and had previously closed at $55.32.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.1%

The company’s fifty day moving average is $53.47 and its two-hundred day moving average is $51.31. The stock has a market cap of $784.41 million, a price-to-earnings ratio of 16.40 and a beta of 0.62.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its holdings in 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 acquiring an additional 65,754 shares during the period. Cooksen Wealth LLC increased its stake in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after purchasing an additional 11,466 shares during the period. Finally, Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF during the first quarter worth about $76,000.

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.