Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Hits New 52-Week High – Still a Buy?

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCAGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $45.72 and last traded at $45.72, with a volume of 265 shares changing hands. The stock had previously closed at $44.31.

Xtrackers MSCI USA Climate Action Equity ETF Trading Up 1.8%

The firm has a 50-day moving average price of $43.98 and a 200-day moving average price of $42.29. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 24.78 and a beta of 0.99.

Xtrackers MSCI USA Climate Action Equity ETF Company Profile

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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.

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