Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Hits New 12-Month High – Here’s What Happened

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s share price reached a new 52-week high on Tuesday . The company traded as high as $68.96 and last traded at $68.86, with a volume of 14973 shares trading hands. The stock had previously closed at $68.61.

Xtrackers MSCI USA Selection Equity ETF Trading Up 0.7%

The stock’s 50-day moving average price is $63.15 and its two-hundred day moving average price is $63.43. The stock has a market capitalization of $566.29 million, a P/E ratio of 26.55 and a beta of 1.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of USSG. Flow Traders U.S. LLC bought a new position in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter worth approximately $6,443,000. Cornerstone Planning Group LLC bought a new position in Xtrackers MSCI USA Selection Equity ETF in the 1st quarter worth approximately $33,000. Sunbelt Securities Inc. bought a new position in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter worth approximately $199,000. Marshall Wace LLP bought a new position in Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter worth approximately $230,000. Finally, JPMorgan Chase & Co. boosted its holdings 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 worth $698,000 after buying an additional 6,041 shares during the period.

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.