Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Unusually-High Trading Volume

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw unusually-strong trading volume on Monday . Approximately 601,739 shares were traded during trading, an increase of 517% from the previous session’s volume of 97,542 shares.The stock last traded at $41.08 and had previously closed at $40.91.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market capitalization of $549.41 million, a P/E ratio of 16.15 and a beta of 0.57. The business’s 50 day simple moving average is $40.45 and its 200-day simple moving average is $38.28.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Cooksen Wealth LLC acquired a new stake in Xtrackers MSCI Europe Hedged Equity ETF in the 4th quarter valued at approximately $1,346,000. Jones Financial Companies Lllp bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the fourth quarter worth $197,000. Finally, Sierra Capital LLC boosted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 38.9% during the third quarter. Sierra Capital LLC now owns 9,234 shares of the company’s stock worth $327,000 after purchasing an additional 2,586 shares during the last 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.