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

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw strong trading volume on Tuesday . 48,568 shares traded hands during mid-day trading, an increase of 40% from the previous session’s volume of 34,591 shares.The stock last traded at $40.5110 and had previously closed at $41.00.

Xtrackers MSCI USA Climate Action Equity ETF Stock Down 0.3%

The business’s fifty day simple moving average is $41.37 and its two-hundred day simple moving average is $39.50. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 24.78 and a beta of 1.00.

Hedge Funds Weigh In On Xtrackers MSCI USA Climate Action Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC bought 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 filing with the Securities and Exchange Commission (SEC). The fund bought 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 filing with the Securities and Exchange Commission (SEC).

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.