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

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw strong trading volume on Monday . 37,668 shares were traded during mid-day trading, an increase of 14% from the previous session’s volume of 33,106 shares.The stock last traded at $42.1540 and had previously closed at $42.34.

Xtrackers MSCI USA Climate Action Equity ETF Stock Performance

The firm has a market cap of $3.28 billion, a P/E ratio of 24.78 and a beta of 1.00. The company has a 50 day moving average of $41.75 and a 200 day moving average of $40.51.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake 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) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned 0.31% of Xtrackers MSCI USA Climate Action Equity ETF as of its most recent SEC filing.

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.