Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Hits New 1-Year High – Here’s Why

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $70.52 and last traded at $70.52, with a volume of 2838 shares. The stock had previously closed at $69.62.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

The stock’s fifty day simple moving average is $69.00 and its two-hundred day simple moving average is $65.72. The company has a market capitalization of $578.98 million, a price-to-earnings ratio of 26.55 and a beta of 1.04.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in USSG. Millstone Evans Group LLC acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the 4th quarter valued at $65,000. JPMorgan Chase & Co. boosted its stake in shares of Xtrackers MSCI USA Selection Equity ETF by 96.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock worth $698,000 after acquiring an additional 6,041 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter worth $230,000. Sunbelt Securities Inc. acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter worth $199,000. Finally, Cornerstone Planning Group LLC acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the first quarter worth $33,000.

Xtrackers MSCI USA Selection 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.