Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Sees Unusually-High Trading Volume – Here’s What Happened

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) shares saw an uptick in trading volume on Friday . 122,131 shares traded hands during mid-day trading, an increase of 83% from the previous session’s volume of 66,671 shares.The stock last traded at $41.0050 and had previously closed at $41.23.

Xtrackers MSCI USA Climate Action Equity ETF Price Performance

The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 24.78 and a beta of 1.00. The business’s 50 day moving average is $41.93 and its 200 day moving average is $41.16.

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 bought a new stake in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 filing with the Securities & Exchange Commission.

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.