Flow Traders U.S. LLC Makes New $6.44 Million Investment in Xtrackers MSCI USA Selection Equity ETF $USSG

Flow Traders U.S. LLC purchased a new stake in Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 105,027 shares of the company’s stock, valued at approximately $6,443,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in shares of 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 acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the second quarter worth $230,000. Finally, Farther Finance Advisors LLC raised its position in shares of Xtrackers MSCI USA Selection Equity ETF by 33.3% during the third quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock worth $62,000 after purchasing an additional 254 shares during the period.

Xtrackers MSCI USA Selection Equity ETF Stock Down 0.7%

Shares of NYSEARCA USSG opened at $61.00 on Monday. Xtrackers MSCI USA Selection Equity ETF has a 12 month low of $44.10 and a 12 month high of $65.43. The company has a market cap of $529.48 million, a price-to-earnings ratio of 26.55 and a beta of 1.03. The business has a fifty day simple moving average of $63.82 and a 200-day simple moving average of $62.67.

Xtrackers MSCI USA Selection Equity ETF 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.