Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Reaches New 52-Week High – Time to Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $64.70 and last traded at $64.6360, with a volume of 613 shares traded. The stock had previously closed at $64.09.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

The stock has a 50-day moving average of $63.17 and a two-hundred day moving average of $60.70. The company has a market cap of $511.92 million, a P/E ratio of 26.55 and a beta of 1.03.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

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

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.