Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $41.79 and traded as low as $41.02. Xtrackers MSCI Europe Hedged Equity ETF shares last traded at $41.12, with a volume of 86,926 shares changing hands.

Xtrackers MSCI Europe Hedged Equity ETF Stock Down 0.2 %

The company’s fifty day simple moving average is $41.77 and its two-hundred day simple moving average is $41.79. The company has a market capitalization of $539.41 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

Institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the second quarter worth $276,000. Flow Traders U.S. LLC bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the 3rd quarter worth about $690,000. Finally, Sierra Capital LLC lifted its position 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 in the last quarter.

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.