Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) Stock Price Down 6% – Here’s Why

Shares of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) were down 6% on Friday . The stock traded as low as $45.96 and last traded at $45.96. Approximately 94,032 shares were traded during mid-day 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 Stock Down 6.0 %

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

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

A hedge fund recently bought a new stake in Xtrackers MSCI USA ESG Leaders Equity ETF stock. SVB Wealth LLC purchased a new stake in Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 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 SEC filing.

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.