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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $45.50 and last traded at $45.66, with a volume of 39890 shares changing hands. The stock had previously closed at $45.28.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market cap of $599.64 million, a price-to-earnings ratio of 16.15 and a beta of 0.57. The stock’s 50-day moving average is $42.71 and its 200-day moving average is $42.02.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers MSCI Europe Hedged Equity ETF stock. Cooksen Wealth LLC increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) by 6.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,413 shares of the company’s stock after buying an additional 2,759 shares during the quarter. Xtrackers MSCI Europe Hedged Equity ETF comprises approximately 1.7% of Cooksen Wealth LLC’s portfolio, making the stock its 19th biggest holding. Cooksen Wealth LLC owned approximately 0.35% of Xtrackers MSCI Europe Hedged Equity ETF worth $1,871,000 as of its most recent SEC filing.

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.