Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Trading Up 0.3% – Here’s What Happened

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) traded up 0.3% during mid-day trading on Wednesday . The stock traded as high as $41.34 and last traded at $41.29. 9,786 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 66,234 shares. The stock had previously closed at $41.16.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The firm has a market cap of $542.96 million, a price-to-earnings ratio of 16.15 and a beta of 0.57. The firm’s fifty day moving average is $41.57 and its 200-day moving average is $41.69.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF stock. Bank of New York Mellon Corp purchased a new stake in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,631 shares of the company’s stock, valued at approximately $276,000. Bank of New York Mellon Corp owned 0.05% 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.