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 Tuesday . Approximately 193,983 shares changed hands during mid-day trading, an increase of 176% from the previous session’s volume of 70,249 shares.The stock last traded at $42.10 and had previously closed at $42.34.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The firm’s 50-day moving average is $41.58 and its 200 day moving average is $41.50. The firm has a market capitalization of $555.32 million, a PE ratio of 16.15 and a beta of 0.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sierra Capital LLC lifted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 264.6% during the 2nd quarter. Sierra Capital LLC now owns 41,139 shares of the company’s stock worth $1,710,000 after buying an additional 29,857 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Xtrackers MSCI Europe Hedged Equity ETF in the second quarter worth about $276,000. Flow Traders U.S. LLC increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 1,927.9% during the first quarter. Flow Traders U.S. LLC now owns 1,637,573 shares of the company’s stock valued at $67,222,000 after purchasing an additional 1,556,820 shares during the period. OLD Mission Capital LLC boosted its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 1,921.4% in the first quarter. OLD Mission Capital LLC now owns 555,849 shares of the company’s stock valued at $22,818,000 after acquiring an additional 528,351 shares in the last quarter. Finally, Cooksen Wealth LLC bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 4th quarter worth $1,346,000.

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.