Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Large Volume Increase

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw unusually-high trading volume on Monday . Approximately 601,739 shares changed hands during mid-day trading, an increase of 517% from the previous session’s volume of 97,542 shares.The stock last traded at $41.08 and had previously closed at $40.91.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The firm’s 50 day moving average price is $40.45 and its 200-day moving average price is $38.28. The firm has a market capitalization of $549.41 million, a PE ratio of 16.15 and a beta of 0.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DBEU. Jones Financial Companies Lllp purchased a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 4th quarter valued at approximately $197,000. Sierra Capital LLC lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 38.9% in the 3rd quarter. Sierra Capital LLC now owns 9,234 shares of the company’s stock valued at $327,000 after purchasing an additional 2,586 shares during the last quarter. Finally, Cooksen Wealth LLC purchased a new stake in Xtrackers MSCI Europe Hedged Equity ETF in the 4th quarter valued at about $1,346,000.

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.