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

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw strong trading volume on Friday . 104,676 shares traded hands during mid-day trading, an increase of 66% from the previous session’s volume of 63,040 shares.The stock last traded at $45.39 and had previously closed at $45.65.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.5 %

The firm has a market cap of $637.82 million, a P/E ratio of 16.74 and a beta of 0.72. The firm has a fifty day moving average of $43.76 and a 200-day moving average of $42.45.

Hedge Funds Weigh In On 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 bought a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 16,304 shares of the company’s stock, valued at approximately $690,000. Flow Traders U.S. LLC owned 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.