Performa Ltd US LLC Makes New $105.05 Million Investment in Xtrackers Russell US Multifactor ETF $DEUS

Performa Ltd US LLC bought a new stake in shares of Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 1,608,678 shares of the company’s stock, valued at approximately $105,048,000. Xtrackers Russell US Multifactor ETF comprises about 15.8% of Performa Ltd US LLC’s investment portfolio, making the stock its 3rd biggest holding. Performa Ltd US LLC owned approximately 0.36% of Xtrackers Russell US Multifactor ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Continuum Advisory LLC acquired a new stake in shares of Xtrackers Russell US Multifactor ETF during the second quarter worth $34,000. Ameriprise Financial Inc. lifted its stake in Xtrackers Russell US Multifactor ETF by 93.6% in the third quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock valued at $19,500,000 after buying an additional 162,410 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in Xtrackers Russell US Multifactor ETF during the second quarter worth about $265,000.

Xtrackers Russell US Multifactor ETF Trading Down 0.9%

Xtrackers Russell US Multifactor ETF stock opened at $66.52 on Wednesday. The firm has a market capitalization of $299.34 million, a P/E ratio of 18.40 and a beta of 0.86. The business has a 50-day moving average of $66.91 and a 200-day moving average of $64.19. Xtrackers Russell US Multifactor ETF has a 1 year low of $56.17 and a 1 year high of $68.50.

About Xtrackers Russell US Multifactor ETF

The Xtrackers Russell US Multifactor ETF (DEUS) is an exchange-traded fund that is based on the Russell 1000 Comprehensive Factor index. The fund selects and weights securities within the Russell 1000 by five different factors. DEUS was launched on Nov 24, 2015 and is managed by Xtrackers.