Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sets New 52-Week High – Here’s What Happened

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) reached a new 52-week high during trading on Tuesday . The stock traded as high as $68.96 and last traded at $68.86, with a volume of 14973 shares trading hands. The stock had previously closed at $68.61.

Xtrackers MSCI USA Selection Equity ETF Price Performance

The company’s 50 day moving average price is $62.93 and its 200 day moving average price is $63.34. The firm has a market cap of $564.65 million, a PE ratio of 26.55 and a beta of 1.04.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the first quarter valued at approximately $33,000. Millstone Evans Group LLC acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the fourth quarter valued at approximately $65,000. Sunbelt Securities Inc. acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at approximately $199,000. Marshall Wace LLP acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the second quarter valued at approximately $230,000. Finally, JPMorgan Chase & Co. raised its holdings in 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 acquiring an additional 6,041 shares in the last quarter.

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.