Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sets New 52-Week High – What’s Next?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $72.96 and last traded at $72.96, with a volume of 5483 shares. The stock had previously closed at $71.89.

Xtrackers MSCI USA Selection Equity ETF Stock Down 0.7%

The business’s fifty day moving average is $70.15 and its two-hundred day moving average is $66.79. The stock has a market capitalization of $591.50 million, a PE ratio of 26.55 and a beta of 1.04.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Several hedge funds have recently made changes to their positions in USSG. JPMorgan Chase & Co. grew its position 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 acquiring an additional 6,041 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter valued at approximately $230,000. Sunbelt Securities Inc. bought a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 3rd quarter valued at approximately $199,000. Millstone Evans Group LLC purchased a new stake in Xtrackers MSCI USA Selection Equity ETF during the 4th quarter valued at $65,000. Finally, Cornerstone Planning Group LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the first quarter worth $33,000.

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.