Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Sees Large Volume Increase – Time to Buy?

Shares of Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw unusually-strong trading volume on Thursday . Approximately 245,554 shares were traded during trading, an increase of 260% from the previous session’s volume of 68,151 shares.The stock last traded at $40.9090 and had previously closed at $41.41.

Xtrackers MSCI USA Climate Action Equity ETF Stock Up 0.0%

The company has a market cap of $2.80 billion, a price-to-earnings ratio of 24.78 and a beta of 1.00. The company has a 50 day moving average price of $41.85 and a 200-day moving average price of $41.22.

Institutional Trading of 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 purchased a new position in shares of Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.