Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Reaches New 1-Year High – Here’s What Happened

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

Xtrackers MSCI USA Selection Equity ETF Stock Up 0.1%

The firm has a market capitalization of $595.18 million, a PE ratio of 26.55 and a beta of 1.04. The company’s 50-day simple moving average is $69.50 and its 200 day simple moving average is $66.24.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of 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 worth $698,000 after acquiring an additional 6,041 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter valued at $230,000. Sunbelt Securities Inc. purchased a new position in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter worth $199,000. Millstone Evans Group LLC purchased a new stake in Xtrackers MSCI USA Selection Equity ETF during the 4th quarter valued at about $65,000. Finally, Cornerstone Planning Group LLC purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the first quarter worth about $33,000.

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.