Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Hits New 12-Month High – Should You 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 trading hands. The stock had previously closed at $53.64.

Xtrackers MSCI USA ESG Leaders Equity ETF Price Performance

The stock has a fifty day moving average price of $52.96 and a two-hundred day moving average price of $51.21. The company has a market cap of $1.25 billion, a P/E ratio of 28.79 and a beta of 1.06.

Institutional Investors Weigh In On Xtrackers MSCI USA ESG Leaders Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI USA ESG Leaders Equity ETF stock. SVB Wealth LLC increased its position in shares of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) by 614.6% during the 1st quarter, according to the company in its most recent Form 13F filing 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.

About Xtrackers MSCI USA ESG Leaders Equity ETF

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.