Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Reaches New 12-Month High – Still a Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s stock price hit a new 52-week high on Monday . The stock traded as high as $70.44 and last traded at $70.44, with a volume of 101 shares trading hands. The stock had previously closed at $69.15.

Xtrackers MSCI USA Selection Equity ETF Trading Down 0.1%

The stock has a market capitalization of $566.21 million, a PE ratio of 26.55 and a beta of 1.04. The stock’s fifty day simple moving average is $67.61 and its 200-day simple moving average is $64.66.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

A number of institutional investors have recently added to or reduced their stakes in USSG. Cornerstone Planning Group LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the first quarter worth about $33,000. Millstone Evans Group LLC purchased a new position in Xtrackers MSCI USA Selection Equity ETF in the fourth quarter valued at about $65,000. 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. 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. Finally, JPMorgan Chase & Co. increased 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 purchasing an additional 6,041 shares during the last quarter.

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.