Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Sees Unusually-High Trading Volume – Time to Buy?

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw unusually-high trading volume on Thursday . Approximately 122,301 shares traded hands during trading, an increase of 385% from the previous session’s volume of 25,238 shares.The stock last traded at $42.1890 and had previously closed at $42.22.

Xtrackers MSCI USA Climate Action Equity ETF Stock Performance

The business has a fifty day moving average price of $41.78 and a 200 day moving average price of $40.78. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 24.78 and a beta of 1.00.

Hedge Funds Weigh In On Xtrackers MSCI USA Climate Action Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC bought a new stake in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned approximately 0.31% of Xtrackers MSCI USA Climate Action Equity ETF at the end of the most recent reporting period.

About Xtrackers MSCI USA Climate Action Equity ETF

The Xtrackers MSCI USA Climate Action Equity ETF (USCA) is an exchange-traded fund that is based on the MSCI USA Climate Action index. The fund tracks a market cap-weighted index of large- and mid-cap US stocks, selected as a leader in their respective GICS sector for emphasizing climate-friendly objectives. The process screens securities based on ESG research from MSCI. USCA was launched on Apr 4, 2023 and is managed by Xtrackers.