Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sees Strong Trading Volume – Still a Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSGGet Free Report) saw an uptick in trading volume on Monday . Approximately 42,884 shares changed hands during mid-day trading, an increase of 142% from the previous session’s volume of 17,704 shares.The stock last traded at $71.87 and had previously closed at $72.06.

Xtrackers MSCI USA Selection Equity ETF Price Performance

The firm has a market capitalization of $587.90 million, a PE ratio of 26.55 and a beta of 1.04. The company has a 50-day moving average price of $69.86 and a 200 day moving average price of $66.51.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of USSG. Sunbelt Securities Inc. purchased a new position in Xtrackers MSCI USA Selection Equity ETF during the third quarter valued at $199,000. Marshall Wace LLP purchased a new stake in Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter worth $230,000. JPMorgan Chase & Co. lifted its stake in Xtrackers MSCI USA Selection Equity ETF by 96.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock worth $698,000 after purchasing an additional 6,041 shares in the last quarter. Cornerstone Planning Group LLC bought a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 1st quarter valued at about $33,000. Finally, Millstone Evans Group LLC bought a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 4th quarter valued at about $65,000.

About Xtrackers MSCI USA Selection Equity ETF

(Get Free Report)

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.

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