Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Trading Up 0.4% – What’s Next?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) shares traded up 0.4% during mid-day trading on Thursday . The stock traded as high as $63.83 and last traded at $63.83. 10,377 shares traded hands during trading, a decline of 71% from the average session volume of 35,423 shares. The stock had previously closed at $63.55.

Xtrackers MSCI USA Selection Equity ETF Price Performance

The stock has a market cap of $505.20 million, a price-to-earnings ratio of 26.55 and a beta of 1.03. The company’s fifty day moving average price is $62.50 and its 200-day moving average price is $59.58.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in USSG. Farther Finance Advisors LLC acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter valued at $43,000. Sunbelt Securities Inc. acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at about $199,000. Marshall Wace LLP purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the second quarter worth about $230,000. JPMorgan Chase & Co. raised its stake in shares of 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 worth $698,000 after purchasing an additional 6,041 shares during the last quarter. Finally, 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.

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.