Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Shares Up 0.4% – Should You Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares shot up 0.4% on Monday . The stock traded as high as $45.82 and last traded at $45.71. 22,738 shares were traded during mid-day trading, a decline of 68% from the average session volume of 71,203 shares. The stock had previously closed at $45.53.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.4%

The firm’s 50-day moving average price is $45.06 and its two-hundred day moving average price is $44.58. The stock has a market cap of $692.51 million, a PE ratio of 16.40 and a beta of 0.76.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several hedge funds have recently modified their holdings of DBEU. Partners Capital Investment Group LLP lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 90.1% in the 1st quarter. Partners Capital Investment Group LLP now owns 160,858 shares of the company’s stock worth $7,103,000 after purchasing an additional 76,236 shares during the period. Flow Traders U.S. LLC lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 289.7% during the second quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock valued at $4,342,000 after acquiring an additional 73,230 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the second 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 last quarter. Cooksen Wealth LLC lifted its position 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 valued at $2,106,000 after acquiring an additional 11,466 shares during the last quarter. Finally, Sierra Capital LLC lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 15.9% during the first quarter. Sierra Capital LLC now owns 35,247 shares of the company’s stock valued at $1,556,000 after acquiring an additional 4,833 shares during 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.