Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Reaches New 52-Week High – Here’s What Happened

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 $66.33 and last traded at $66.29, with a volume of 24575 shares changing hands. The stock had previously closed at $65.84.

Xtrackers MSCI USA Selection Equity ETF Price Performance

The company’s 50 day moving average price is $62.50 and its 200 day moving average price is $63.08. The firm has a market capitalization of $547.60 million, a P/E ratio of 26.55 and a beta of 1.04.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Several hedge funds have recently modified their holdings of USSG. Farther Finance Advisors LLC grew its stake 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 valued at $62,000 after purchasing an additional 254 shares during the last quarter. Millstone Evans Group LLC bought a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the fourth quarter valued at approximately $65,000. Sunbelt Securities Inc. acquired a new position in Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at approximately $199,000. Marshall Wace LLP acquired a new position in Xtrackers MSCI USA Selection Equity ETF in the second quarter valued at approximately $230,000. Finally, JPMorgan Chase & Co. lifted its holdings in Xtrackers MSCI USA Selection Equity ETF by 96.9% in the second quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after buying an additional 6,041 shares during the period.

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.