Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Hits New 12-Month High – Should You Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $72.81 and last traded at $72.78, with a volume of 1286 shares changing hands. The stock had previously closed at $71.99.

Xtrackers MSCI USA Selection Equity ETF Stock Up 0.5%

The business’s fifty day moving average is $69.36 and its two-hundred day moving average is $66.14. The firm has a market cap of $594.36 million, a price-to-earnings ratio of 26.55 and a beta of 1.04.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. bought a new position in Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at about $199,000. Marshall Wace LLP bought a new stake in Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter worth about $230,000. JPMorgan Chase & Co. lifted its position in 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 valued at $698,000 after purchasing an additional 6,041 shares during the period. Cornerstone Planning Group LLC acquired a new position in Xtrackers MSCI USA Selection Equity ETF during the 1st quarter valued at about $33,000. Finally, Millstone Evans Group LLC acquired a new position in Xtrackers MSCI USA Selection Equity ETF during the 4th quarter valued at about $65,000.

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.