Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Sees Large Volume Increase – Still a Buy?

Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) saw unusually-high trading volume on Thursday . Approximately 32,296 shares were traded during mid-day trading, an increase of 2% from the previous session’s volume of 31,632 shares.The stock last traded at $54.81 and had previously closed at $54.81.

Xtrackers MSCI USA ESG Leaders Equity ETF Stock Performance

The company has a 50 day moving average of $55.02 and a 200-day moving average of $53.71. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 28.79 and a beta of 1.06.

Institutional Trading of Xtrackers MSCI USA ESG Leaders Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI USA ESG Leaders Equity ETF stock. SVB Wealth LLC purchased a new position in shares of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 18,491 shares of the company’s stock, valued at approximately $998,000. SVB Wealth LLC owned approximately 0.08% of Xtrackers MSCI USA ESG Leaders Equity ETF at the end of the most recent reporting period.

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.