Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Reaches New 12-Month High – Still a Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $70.44 and last traded at $70.44, with a volume of 101 shares. The stock had previously closed at $69.15.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

The stock has a market cap of $566.21 million, a PE ratio of 26.55 and a beta of 1.04. The company’s 50-day moving average price is $67.61 and its two-hundred day moving average price is $64.66.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

A number of large investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter worth about $6,443,000. Cornerstone Planning Group LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the 1st quarter worth approximately $33,000. Sunbelt Securities Inc. bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter worth approximately $199,000. Marshall Wace LLP purchased a new stake in Xtrackers MSCI USA Selection Equity ETF in the second quarter worth approximately $230,000. Finally, JPMorgan Chase & Co. grew its position in Xtrackers MSCI USA Selection Equity ETF by 96.9% during the second quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after acquiring an additional 6,041 shares during the last quarter.

About Xtrackers MSCI USA Selection Equity ETF

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.