Substantial Growth for Xtrackers MSCI USA Climate Action ETF Amid Market Movements
Inflow of $420.4 Million Signals Investor Interest
Today, our analysis at ETF Channel reveals that the Xtrackers MSCI USA Climate Action Equity ETF (Symbol: USCA) has seen a remarkable week-over-week increase in shares outstanding, with an inflow of approximately $420.4 million. This represents a 17.9% rise, boosting outstanding units from 64,200,001 to 75,700,001. Notably, major components within USCA are also fluctuating: Amazon.com Inc (Symbol: AMZN) has increased by about 1%, Meta Platforms Inc (Symbol: META) has fallen around 1.3%, while Tesla Inc (Symbol: TSLA) has risen by roughly 2.9%. For more details on holdings, visit the USCA Holdings page.
The chart below illustrates the one-year price performance of USCA in relation to its 200-day moving average:
As we analyze the performance chart, it’s noteworthy that USCA reached a 52-week low of $29.4541 per share, while its 52-week high stood at $38.6852. The latest trade price for USCA is $36.76. Observing the current share price against the 200-day moving average can offer valuable insights for technical analysis—explore more on this method.
Exchange-traded funds (ETFs) function similarly to stocks, but technically, investors are buying and selling “units.” These units can be traded like stocks, and they can also be created or dissolved based on investor activity. Each week, we track changes in shares outstanding to identify ETFs experiencing significant inflows (new units created) or outflows (old units removed). Creating new units usually requires purchasing the underlying holdings, while dissolving units necessitates selling those holdings, meaning large flows can influence the individual securities held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- ETFs Holding VMEM
- SMSC Videos
- SURE shares outstanding history
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
