Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Sees Strong Trading Volume – Here’s Why

Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) shares saw strong trading volume on Thursday . 80,933 shares traded hands during mid-day trading, an increase of 95% from the previous session’s volume of 41,401 shares.The stock last traded at $52.04 and had previously closed at $52.16.

Xtrackers MSCI USA ESG Leaders Equity ETF Stock Down 2.1 %

The company’s 50-day moving average is $54.60 and its 200 day moving average is $54.11. The company has a market cap of $529.16 million, a price-to-earnings ratio of 28.07 and a beta of 1.01.

Hedge Funds Weigh In On Xtrackers MSCI USA ESG Leaders Equity ETF

A number of large investors have recently added to or reduced their stakes in USSG. RPg Family Wealth Advisory LLC raised its holdings in shares of Xtrackers MSCI USA ESG Leaders Equity ETF by 0.8% during the third quarter. RPg Family Wealth Advisory LLC now owns 150,435 shares of the company’s stock valued at $8,014,000 after acquiring an additional 1,204 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Xtrackers MSCI USA ESG Leaders Equity ETF by 12.8% during the fourth quarter. Ameriprise Financial Inc. now owns 36,983 shares of the company’s stock worth $1,996,000 after purchasing an additional 4,206 shares in the last quarter. Finally, SVB Wealth LLC acquired a new position in Xtrackers MSCI USA ESG Leaders Equity ETF in the 4th quarter valued at $998,000.

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.