Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Hits New 1-Year High – Still a Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $47.23 and last traded at $46.35, with a volume of 1394 shares trading hands. The stock had previously closed at $46.26.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.2%

The firm has a market cap of $693.01 million, a price-to-earnings ratio of 18.06 and a beta of 0.68. The company has a 50 day moving average of $43.79 and a 200 day moving average of $43.57.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. ORG Partners LLC bought a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter valued at about $31,000. Flow Traders U.S. LLC raised its stake in Xtrackers MSCI Europe Hedged Equity ETF by 2.9% in the first quarter. Flow Traders U.S. LLC now owns 25,280 shares of the company’s stock valued at $1,116,000 after buying an additional 717 shares during the period. Sierra Capital LLC boosted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 15.9% during the 1st quarter. Sierra Capital LLC now owns 35,247 shares of the company’s stock worth $1,556,000 after acquiring an additional 4,833 shares during the period. Cooksen Wealth LLC increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 6.5% during the 4th quarter. Cooksen Wealth LLC now owns 45,413 shares of the company’s stock worth $1,871,000 after acquiring an additional 2,759 shares during the last quarter. Finally, Partners Capital Investment Group LLP lifted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 90.1% during the 1st quarter. Partners Capital Investment Group LLP now owns 160,858 shares of the company’s stock valued at $7,103,000 after purchasing an additional 76,236 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.