Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sees Unusually-High Trading Volume – Here’s What Happened

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) shares saw unusually-high trading volume on Monday. 202,086 shares were traded during trading, an increase of 1,106% from the average daily volume of 16,755 shares. The stock last traded at $69.63 and had previously closed at $68.55.

Xtrackers MSCI USA Selection Equity ETF Stock Up 1.8%

The company has a market cap of $566.44 million, a P/E ratio of 26.55 and a beta of 1.03. The firm’s 50 day moving average is $71.53 and its two-hundred day moving average is $67.81.

Hedge Funds Weigh In On Xtrackers MSCI USA Selection Equity ETF

Several institutional investors have recently added to or reduced their stakes in USSG. Cornerstone Planning Group LLC acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the 1st quarter valued at about $33,000. Farther Finance Advisors LLC increased its position in Xtrackers MSCI USA Selection Equity ETF by 30.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,606 shares of the company’s stock valued at $328,000 after buying an additional 1,088 shares in the last quarter. Finally, One Capital Management LLC acquired a new position in Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter worth approximately $1,534,000.

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.