Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Shares Down 0.2% – Should You Sell?

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was down 0.2% during trading on Wednesday . The company traded as low as $68.85 and last traded at $68.93. 7,251 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 18,461 shares. The stock had previously closed at $69.05.

Xtrackers MSCI USA Selection Equity ETF Stock Down 0.2%

The firm has a 50-day moving average of $69.10 and a 200 day moving average of $65.54. The stock has a market capitalization of $563.85 million, a P/E ratio of 26.55 and a beta of 1.04.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Several hedge funds have recently modified their holdings of the company. Cornerstone Planning Group LLC bought a new position in Xtrackers MSCI USA Selection Equity ETF in the 1st quarter worth approximately $33,000. Millstone Evans Group LLC acquired a new position in Xtrackers MSCI USA Selection Equity ETF during the 4th quarter worth $65,000. Sunbelt Securities Inc. bought a new position in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter valued at $199,000. Marshall Wace LLP bought a new position in Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter valued at $230,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Xtrackers MSCI USA Selection Equity ETF by 96.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after buying an additional 6,041 shares during the period.

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.