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

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) reached a new 52-week high on Thursday . The company traded as high as $44.58 and last traded at $44.62, with a volume of 2155 shares. The stock had previously closed at $44.29.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.5 %

The firm has a fifty day simple moving average of $42.27 and a 200 day simple moving average of $41.85. The stock has a market cap of $584.52 million, a price-to-earnings ratio of 16.15 and a beta of 0.57.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned approximately 0.12% of Xtrackers MSCI Europe Hedged Equity ETF as of its most recent filing with the SEC.

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.