Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Large Volume Increase – What’s Next?

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw strong trading volume on Tuesday . 132,394 shares traded 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 Stock Performance

The stock has a market cap of $555.19 million, a price-to-earnings ratio of 16.15 and a beta of 0.57. The business’s 50 day moving average is $42.02 and its 200 day moving average is $41.69.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DBEU. OLD Mission Capital LLC boosted its holdings 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 during the period. Flow Traders U.S. LLC boosted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 1,927.9% during the 1st quarter. Flow Traders U.S. LLC now owns 1,637,573 shares of the company’s stock valued at $67,222,000 after buying an additional 1,556,820 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF during the 2nd quarter valued at $276,000. Finally, Sierra Capital LLC increased its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 264.6% in the second quarter. Sierra Capital LLC now owns 41,139 shares of the company’s stock worth $1,710,000 after acquiring an additional 29,857 shares during the last 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.