Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Reaches New 1-Year High – Should You Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $69.82 and last traded at $69.82, with a volume of 3796 shares changing hands. The stock had previously closed at $69.32.

Xtrackers MSCI USA Selection Equity ETF Trading Down 0.2%

The firm has a market capitalization of $570.97 million, a price-to-earnings ratio of 26.55 and a beta of 1.04. The firm’s 50-day moving average is $64.85 and its 200 day moving average is $63.94.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Several institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at $6,443,000. JPMorgan Chase & Co. grew its position in shares of 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 buying an additional 6,041 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the second quarter valued at about $230,000. Sunbelt Securities Inc. acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at about $199,000. Finally, Millstone Evans Group LLC acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the fourth quarter worth approximately $65,000.

About Xtrackers MSCI USA Selection Equity ETF

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.