Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Stock Price Down 6% – Should You Sell?

Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) was down 6% during trading on Friday . The stock traded as low as $45.96 and last traded at $45.96. Approximately 94,032 shares changed hands during mid-day trading, an increase of 72% from the average daily volume of 54,687 shares. The stock had previously closed at $48.87.

Xtrackers MSCI USA ESG Leaders Equity ETF Stock Performance

The company has a market cap of $459.60 million, a price-to-earnings ratio of 26.95 and a beta of 1.02. The firm has a fifty day moving average price of $52.81 and a 200 day moving average price of $53.95.

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

An institutional investor recently raised its position in Xtrackers MSCI USA ESG Leaders Equity ETF stock. Ameriprise Financial Inc. lifted its position in shares of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) by 12.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,983 shares of the company’s stock after purchasing an additional 4,206 shares during the period. Ameriprise Financial Inc. owned 0.17% of Xtrackers MSCI USA ESG Leaders Equity ETF worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission.

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.