Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sees Unusually-High Trading Volume – Should You Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) shares saw strong trading volume on Tuesday . 43,416 shares changed hands during mid-day trading, an increase of 147% from the previous session’s volume of 17,548 shares.The stock last traded at $63.96 and had previously closed at $64.64.

Xtrackers MSCI USA Selection Equity ETF Stock Down 1.4%

The company has a 50 day moving average of $63.98 and a 200 day moving average of $61.74. The firm has a market cap of $553.18 million, a price-to-earnings ratio of 26.55 and a beta of 1.03.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of USSG. Farther Finance Advisors LLC acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter valued at approximately $43,000. Millstone Evans Group LLC bought a new position in Xtrackers MSCI USA Selection Equity ETF in the fourth quarter worth about $65,000. Sunbelt Securities Inc. bought a new position in Xtrackers MSCI USA Selection Equity ETF during the 3rd quarter worth $199,000. Marshall Wace LLP acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter worth about $230,000. Finally, JPMorgan Chase & Co. lifted its position in Xtrackers MSCI USA Selection Equity ETF by 96.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after purchasing an additional 6,041 shares during the last quarter.

Xtrackers MSCI USA Selection Equity ETF Company Profile

The Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) is an exchange-traded fund that is based on the MSCI USA ESG Leaders index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, screened for environmental, social, and governance characteristics. USSG was launched on Mar 7, 2019 and is managed by Xtrackers.