Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Sets New 52-Week High – Time to Buy?

Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) shares reached a new 52-week high on Wednesday . The company traded as high as $54.96 and last traded at $54.92, with a volume of 2798 shares traded. The stock had previously closed at $53.64.

Xtrackers MSCI USA ESG Leaders Equity ETF Stock Performance

The business has a fifty day simple moving average of $52.82 and a 200 day simple moving average of $51.15. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 28.79 and a beta of 1.06.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers MSCI USA ESG Leaders Equity ETF stock. SVB Wealth LLC lifted its stake in Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) by 614.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,802 shares of the company’s stock after purchasing an additional 28,212 shares during the period. SVB Wealth LLC owned 0.15% of Xtrackers MSCI USA ESG Leaders Equity ETF worth $1,619,000 at the end of the most recent quarter.

Xtrackers MSCI USA ESG Leaders 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.