Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sets New 1-Year High – Here’s Why

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares hit a new 52-week high on Thursday . The stock traded as high as $43.42 and last traded at $43.22, with a volume of 16037 shares. The stock had previously closed at $43.30.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.4 %

The firm has a market cap of $572.55 million, a PE ratio of 16.15 and a beta of 0.57. The stock has a fifty day simple moving average of $41.69 and a two-hundred day simple moving average of $41.71.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Bank of New York Mellon Corp bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,631 shares of the company’s stock, valued at approximately $276,000. Bank of New York Mellon Corp owned approximately 0.05% of Xtrackers MSCI Europe Hedged Equity ETF as of its most recent SEC filing.

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.