Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Strong Trading Volume – Time to Buy?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) shares saw unusually-strong trading volume on Wednesday . Approximately 18,817 shares were traded during mid-day trading, a decline of 72% from the previous session’s volume of 67,489 shares.The stock last traded at $41.14 and had previously closed at $41.12.

Xtrackers MSCI Europe Hedged Equity ETF Stock Down 0.1 %

The business’s fifty day moving average is $41.75 and its 200-day moving average is $41.78. The stock has a market capitalization of $540.28 million, a PE ratio of 16.15 and a beta of 0.57.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Several institutional investors have recently made changes to their positions in DBEU. Bank of New York Mellon Corp acquired a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the 2nd quarter worth approximately $276,000. Flow Traders U.S. LLC purchased a new stake in Xtrackers MSCI Europe Hedged Equity ETF during the third quarter worth approximately $690,000. Finally, Sierra Capital LLC raised its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 264.6% in the 2nd quarter. Sierra Capital LLC now owns 41,139 shares of the company’s stock valued at $1,710,000 after acquiring an additional 29,857 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.