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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $51.66 and last traded at $51.5150, with a volume of 7178 shares changing hands. The stock had previously closed at $51.51.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The stock has a market cap of $714.14 million, a P/E ratio of 16.40 and a beta of 0.71. The company has a 50-day simple moving average of $49.46 and a 200-day simple moving average of $47.59.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Several hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after buying an additional 1,365 shares during the period. Cooksen Wealth LLC grew its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 3.1% during the third quarter. Cooksen Wealth LLC now owns 49,276 shares of the company’s stock worth $2,269,000 after buying an additional 1,491 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after purchasing an additional 65,754 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 289.7% in 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.

About Xtrackers MSCI Europe Hedged Equity ETF

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.