Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Strong Trading Volume – Time to Buy?

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw strong trading volume on Monday . 205,510 shares traded hands during mid-day trading, an increase of 327% from the previous session’s volume of 48,095 shares.The stock last traded at $43.80 and had previously closed at $44.04.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The company has a market cap of $582.41 million, a price-to-earnings ratio of 16.15 and a beta of 0.57. The business has a fifty day moving average price of $42.13 and a 200 day moving average price of $41.81.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned about 0.12% of Xtrackers MSCI Europe Hedged Equity ETF 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.