Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Stock Price Up 0.8% – Here’s Why

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA)’s stock price traded up 0.8% during trading on Thursday . The stock traded as high as $44.38 and last traded at $44.38. 40 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 123,355 shares. The stock had previously closed at $44.04.

Xtrackers MSCI USA Climate Action Equity ETF Price Performance

The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 24.78 and a beta of 0.99. The business’s 50-day simple moving average is $43.83 and its two-hundred day simple moving average is $42.07.

Institutional Investors Weigh In On Xtrackers MSCI USA Climate Action Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC acquired a new position in shares of 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. The fund acquired 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 as of its most recent SEC filing.

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.