Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Hits New 12-Month High – Time to Buy?

Shares of Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) hit a new 52-week high during trading on Friday . The company traded as high as $42.51 and last traded at $42.51, with a volume of 126 shares trading hands. The stock had previously closed at $42.04.

Xtrackers MSCI USA Climate Action Equity ETF Trading Up 1.1%

The company has a market capitalization of $3.06 billion, a P/E ratio of 24.78 and a beta of 1.00. The business has a 50 day moving average price of $40.33 and a 200 day moving average price of $41.23.

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

Xtrackers MSCI USA Climate Action Equity ETF Company Profile

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.