Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Shares Down 6% – Here’s What Happened

Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) was down 6% during trading on Friday . The stock traded as low as $45.96 and last traded at $45.96. Approximately 94,032 shares traded hands during trading, an increase of 72% from the average daily volume of 54,687 shares. The stock had previously closed at $48.87.

Xtrackers MSCI USA ESG Leaders Equity ETF Trading Down 6.0 %

The stock has a market cap of $459.60 million, a price-to-earnings ratio of 26.95 and a beta of 1.02. The company has a fifty day simple moving average of $52.81 and a 200-day simple moving average of $53.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Xtrackers MSCI USA ESG Leaders Equity ETF stock. SVB Wealth LLC acquired a new stake in shares of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,491 shares of the company’s stock, valued at approximately $998,000. SVB Wealth LLC owned approximately 0.08% of Xtrackers MSCI USA ESG Leaders Equity ETF as of its most recent filing with the Securities & Exchange Commission.

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.