Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sets New 52-Week High – Still a Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $64.55 and last traded at $64.2290, with a volume of 15922 shares trading hands. The stock had previously closed at $64.39.

Xtrackers MSCI USA Selection Equity ETF Trading Down 0.6%

The company’s fifty day moving average is $62.96 and its 200 day moving average is $60.27. The company has a market cap of $512.54 million, a P/E ratio of 26.55 and a beta of 1.03.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

Several institutional investors have recently modified their holdings of USSG. Flow Traders U.S. LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter valued at $6,443,000. JPMorgan Chase & Co. grew its holdings in Xtrackers MSCI USA Selection Equity ETF by 96.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock worth $698,000 after acquiring an additional 6,041 shares in the last quarter. Marshall Wace LLP bought a new stake in Xtrackers MSCI USA Selection Equity ETF during the second quarter valued at about $230,000. Sunbelt Securities Inc. acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at approximately $199,000. Finally, Farther Finance Advisors LLC purchased a new stake in Xtrackers MSCI USA Selection Equity ETF in the second quarter valued at about $43,000.

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.