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 unusually-high trading volume on Friday . Approximately 31,602 shares traded hands during mid-day trading, a decline of 38% from the previous session’s volume of 51,254 shares.The stock last traded at $55.05 and had previously closed at $55.56.

Xtrackers MSCI USA ESG Leaders Equity ETF Price Performance

The company’s 50-day moving average price is $55.13 and its 200-day moving average price is $52.91. The company has a market cap of $1.23 billion, a P/E ratio of 28.79 and a beta of 1.06.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers MSCI USA ESG Leaders Equity ETF stock. RPg Family Wealth Advisory LLC raised its holdings in Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 150,435 shares of the company’s stock after purchasing an additional 1,204 shares during the quarter. Xtrackers MSCI USA ESG Leaders Equity ETF accounts for approximately 2.3% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 13th biggest position. RPg Family Wealth Advisory LLC owned about 0.67% of Xtrackers MSCI USA ESG Leaders Equity ETF worth $8,014,000 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.