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

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $67.67 and last traded at $67.67, with a volume of 649 shares changing hands. The stock had previously closed at $66.32.

Xtrackers MSCI USA Selection Equity ETF Stock Up 0.5%

The firm has a market capitalization of $562.60 million, a price-to-earnings ratio of 26.55 and a beta of 1.04. The business has a 50-day moving average of $62.74 and a two-hundred day moving average of $63.24.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

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