Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sets New 12-Month High – Time to Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) shares hit a new 52-week high on Tuesday . The company traded as high as $65.00 and last traded at $65.1430, with a volume of 463 shares changing hands. The stock had previously closed at $64.95.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

The firm’s 50-day moving average price is $63.63 and its two-hundred day moving average price is $61.48. The firm has a market cap of $564.15 million, a PE ratio of 26.55 and a beta of 1.03.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

A number of large investors have recently bought and sold shares of the business. Flow Traders U.S. LLC acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the third quarter worth about $6,443,000. JPMorgan Chase & Co. grew its holdings in 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 period. Marshall Wace LLP acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter worth $230,000. Sunbelt Securities Inc. acquired a new position in Xtrackers MSCI USA Selection Equity ETF during the third quarter worth about $199,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter valued at approximately $43,000.

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.