Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Unusually-High Trading Volume – Here’s What Happened

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw strong trading volume on Tuesday . 132,394 shares changed hands during mid-day trading, an increase of 90% from the previous session’s volume of 69,782 shares.The stock last traded at $42.36 and had previously closed at $42.45.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market cap of $554.93 million, a price-to-earnings ratio of 16.15 and a beta of 0.57. The firm’s 50-day moving average is $41.97 and its 200 day moving average is $41.67.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the second quarter valued at about $276,000. Sierra Capital LLC raised its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 264.6% during the second quarter. Sierra Capital LLC now owns 41,139 shares of the company’s stock valued at $1,710,000 after purchasing an additional 29,857 shares during the period. OLD Mission Capital LLC lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 1,921.4% during the first quarter. OLD Mission Capital LLC now owns 555,849 shares of the company’s stock worth $22,818,000 after purchasing an additional 528,351 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 1,927.9% in 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.

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.