Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Stock Price Down 0.2% – Here’s Why
by Michael Walen · The Markets DailyXtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG – Get Free Report) shares fell 0.2% during mid-day trading on Wednesday . The stock traded as low as $68.85 and last traded at $68.93. Approximately 7,251 shares traded hands during 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 Trading Up 0.1%
The firm has a market capitalization of $554.20 million, a P/E ratio of 26.55 and a beta of 1.04. The company’s fifty day simple moving average is $69.06 and its 200 day simple moving average is $65.57.
Hedge Funds Weigh In On Xtrackers MSCI USA Selection Equity ETF
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC bought a new position in Xtrackers MSCI USA Selection Equity ETF in the first quarter worth about $33,000. Millstone Evans Group LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF during the 4th quarter valued at approximately $65,000. Sunbelt Securities Inc. purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 3rd quarter worth approximately $199,000. Marshall Wace LLP purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter worth approximately $230,000. Finally, JPMorgan Chase & Co. raised its position 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 worth $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.