Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Stock Price Up 1.3%

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) rose 1.3% during mid-day trading on Monday . The company traded as high as $40.65 and last traded at $40.57. Approximately 42,397 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 99,690 shares. The stock had previously closed at $40.06.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 1.3 %

The company has a market capitalization of $533.56 million, a P/E ratio of 15.82 and a beta of 0.76. The business has a 50 day simple moving average of $39.95 and a 200-day simple moving average of $37.81.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. Cooksen Wealth LLC acquired a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF during the fourth quarter valued at $1,346,000. Sierra Capital LLC increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 20.3% during the fourth quarter. Sierra Capital LLC now owns 11,109 shares of the company’s stock valued at $420,000 after purchasing an additional 1,875 shares during the period. Private Trust Co. NA increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.0% during the third quarter. Private Trust Co. NA now owns 6,698 shares of the company’s stock valued at $237,000 after purchasing an additional 1,586 shares during the period. Finally, Jones Financial Companies Lllp acquired a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF during the fourth quarter valued at $197,000.

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.