Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Strong Trading Volume – What’s Next?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw unusually-strong trading volume on Tuesday . Approximately 123,122 shares changed hands during mid-day trading, an increase of 100% from the previous session’s volume of 61,713 shares.The stock last traded at $45.44 and had previously closed at $45.27.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The business has a 50 day simple moving average of $44.78 and a 200 day simple moving average of $42.78. The company has a market capitalization of $644.32 million, a price-to-earnings ratio of 17.13 and a beta of 0.72.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC increased its position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,413 shares of the company’s stock after buying an additional 2,759 shares during the period. Xtrackers MSCI Europe Hedged Equity ETF comprises about 1.7% of Cooksen Wealth LLC’s portfolio, making the stock its 19th biggest position. Cooksen Wealth LLC owned 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 at the end of the most recent reporting period.

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.