Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Hits New 52-Week High – Should You Buy?

Shares of Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $65.86 and last traded at $65.86, with a volume of 883 shares. The stock had previously closed at $65.01.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

The company has a 50 day simple moving average of $62.23 and a 200 day simple moving average of $62.92. The company has a market capitalization of $540.05 million, a PE ratio of 26.55 and a beta of 1.03.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Several large investors have recently made changes to their positions in USSG. Millstone Evans Group LLC purchased a new position in Xtrackers MSCI USA Selection Equity ETF in the 4th quarter valued at $65,000. Sunbelt Securities Inc. purchased a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the third quarter worth $199,000. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the third quarter worth about $6,443,000. Farther Finance Advisors LLC lifted its stake in shares of Xtrackers MSCI USA Selection Equity ETF by 33.3% in the third quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock worth $62,000 after buying an additional 254 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in Xtrackers MSCI USA Selection Equity ETF during the second quarter worth about $230,000.

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.