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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw unusually-high trading volume on Monday . Approximately 205,510 shares were traded during 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 Down 1.0 %

The business has a 50-day moving average price of $42.04 and a 200-day moving average price of $41.78. The firm has a market capitalization of $573.34 million, a P/E ratio of 16.15 and a beta of 0.57.

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 bought a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 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 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.