SVB Wealth LLC Trims Stake in X-trackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG)

SVB Wealth LLC reduced its stake in X-trackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) by 46.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,590 shares of the company’s stock after selling 4,000 shares during the quarter. SVB Wealth LLC’s holdings in X-trackers MSCI USA ESG Leaders Equity ETF were worth $203,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. AdvisorNet Financial Inc bought a new position in X-trackers MSCI USA ESG Leaders Equity ETF in the 3rd quarter valued at approximately $29,000. NBC Securities Inc. purchased a new stake in shares of X-trackers MSCI USA ESG Leaders Equity ETF in the 3rd quarter worth $29,000. Finally, Financial Engines Advisors L.L.C. increased its stake in shares of X-trackers MSCI USA ESG Leaders Equity ETF by 8.2% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 103,664 shares of the company’s stock worth $4,111,000 after purchasing an additional 7,895 shares in the last quarter.

X-trackers MSCI USA ESG Leaders Equity ETF Stock Performance

Shares of USSG stock opened at $47.19 on Wednesday. X-trackers MSCI USA ESG Leaders Equity ETF has a 52-week low of $36.87 and a 52-week high of $49.51. The firm has a market capitalization of $1.04 billion, a PE ratio of 28.81 and a beta of 1.05. The stock has a fifty day simple moving average of $48.01 and a two-hundred day simple moving average of $44.63.

X-trackers 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.