Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Reaches New 12-Month High – Here’s Why

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $65.46 and last traded at $65.46, with a volume of 1693 shares traded. The stock had previously closed at $64.51.

Xtrackers MSCI USA Selection Equity ETF Stock Up 1.4%

The firm has a market cap of $535.05 million, a P/E ratio of 26.55 and a beta of 1.03. The company’s 50 day simple moving average is $62.13 and its 200-day simple moving average is $62.79.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Millstone Evans Group LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the fourth quarter worth about $65,000. Farther Finance Advisors LLC lifted its stake in Xtrackers MSCI USA Selection Equity ETF by 33.3% in the third quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock worth $62,000 after purchasing an additional 254 shares during the last quarter. Sunbelt Securities Inc. bought a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the third quarter valued at approximately $199,000. Marshall Wace LLP purchased a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the second quarter valued at approximately $230,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Xtrackers MSCI USA Selection Equity ETF by 96.9% in the second quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after purchasing an additional 6,041 shares during the period.

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.