Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Hits New 52-Week High – Should You Buy?

Shares of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) hit a new 52-week high on Thursday . The company traded as high as $54.56 and last traded at $54.36, with a volume of 6740 shares. The stock had previously closed at $54.13.

Xtrackers MSCI USA ESG Leaders Equity ETF Stock Up 0.3 %

The stock has a fifty day moving average of $52.30 and a two-hundred day moving average of $50.63. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 28.79 and a beta of 1.06.

Hedge Funds Weigh In On Xtrackers MSCI USA ESG Leaders Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI USA ESG Leaders Equity ETF stock. SVB Wealth LLC lifted its position in shares of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) by 614.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,802 shares of the company’s stock after acquiring an additional 28,212 shares during the quarter. SVB Wealth LLC owned 0.15% of Xtrackers MSCI USA ESG Leaders Equity ETF worth $1,619,000 at the end of the most recent quarter.

About Xtrackers MSCI USA ESG Leaders 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.