Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $41.79 and traded as low as $41.02. Xtrackers MSCI Europe Hedged Equity ETF shares last traded at $41.12, with a volume of 86,926 shares changing hands.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The stock’s fifty day moving average price is $41.79 and its 200-day moving average price is $41.79. The company has a market capitalization of $540.75 million, a P/E ratio of 16.15 and a beta of 0.57.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 2nd quarter valued at about $276,000. Flow Traders U.S. LLC acquired a new position in Xtrackers MSCI Europe Hedged Equity ETF in the 3rd quarter valued at about $690,000. Finally, Sierra Capital LLC grew its stake in 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 buying 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.