Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Reaches New 52-Week High – Should You Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEUGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $52.69 and last traded at $52.57, with a volume of 9182 shares traded. The stock had previously closed at $51.34.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market capitalization of $780.66 million, a P/E ratio of 16.40 and a beta of 0.62. The stock’s fifty day moving average is $50.94 and its two-hundred day moving average is $49.69.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A number of hedge funds have recently modified their holdings of DBEU. Ameriprise Financial Inc. raised its position in shares of 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 worth $4,842,000 after purchasing an additional 65,754 shares during the period. Cooksen Wealth LLC boosted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after purchasing an additional 11,466 shares during the period. Ascentis Independent Advisors acquired a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter valued at $76,000. Finally, Jones Financial Companies Lllp increased its stake in Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after purchasing an additional 1,365 shares in the last quarter.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

(Get Free Report)

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.

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