Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sets New 1-Year High – Still a Buy?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $57.00 and last traded at $56.89, with a volume of 13527 shares traded. The stock had previously closed at $56.67.

Xtrackers MSCI USA Selection Equity ETF Stock Up 0.4%

The firm has a market capitalization of $560.37 million, a P/E ratio of 26.55 and a beta of 0.99. The business’s 50-day simple moving average is $53.96 and its 200 day simple moving average is $53.10.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

A number of institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. lifted its stake in Xtrackers MSCI USA Selection Equity ETF by 12.8% in the fourth quarter. Ameriprise Financial Inc. now owns 36,983 shares of the company’s stock worth $1,996,000 after purchasing an additional 4,206 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the first quarter worth about $160,000. Arlington Trust Co LLC bought a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the 1st quarter valued at about $40,000. Finally, NBC Securities Inc. bought a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the 1st quarter valued at about $37,000.

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.