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-strong trading volume on Friday . Approximately 292,944 shares were traded during mid-day trading, an increase of 472% from the previous session’s volume of 51,247 shares.The stock last traded at $40.84 and had previously closed at $41.03.

Xtrackers MSCI USA Climate Action Equity ETF Stock Down 0.6%

The firm’s fifty day moving average price is $41.67 and its 200 day moving average price is $41.31. The stock has a market cap of $2.80 billion, a PE ratio of 24.78 and a beta of 1.00.

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 acquired a new position in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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 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.