Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Strong Trading Volume – Here’s Why

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw strong trading volume on Thursday . 222,467 shares were traded during trading, an increase of 236% from the previous session’s volume of 66,176 shares.The stock last traded at $41.63 and had previously closed at $41.21.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market cap of $548.09 million, a P/E ratio of 16.15 and a beta of 0.57. The stock’s 50 day simple moving average is $41.44 and its two-hundred day simple moving average is $41.66.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned about 0.12% of Xtrackers MSCI Europe Hedged Equity ETF at the end of the most recent 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.