Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Hits New 1-Year High – Should You Buy?

Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $53.47 and last traded at $53.47, with a volume of 3186 shares traded. The stock had previously closed at $53.32.

Xtrackers MSCI USA ESG Leaders Equity ETF Stock Performance

The company has a 50 day moving average of $51.74 and a 200 day moving average of $50.46. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 28.79 and a beta of 1.06.

Institutional Investors Weigh In On Xtrackers MSCI USA ESG Leaders Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI USA ESG Leaders Equity ETF stock. SVB Wealth LLC raised its position in Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) by 614.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,802 shares of the company’s stock after purchasing an additional 28,212 shares during the quarter. SVB Wealth LLC owned about 0.15% of Xtrackers MSCI USA ESG Leaders Equity ETF worth $1,619,000 as of its most recent SEC filing.

Xtrackers MSCI USA ESG Leaders 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.