iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Large Volume Increase – Time to Buy?

Shares of iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) saw strong trading volume on Tuesday . 90,080 shares traded hands during mid-day trading, an increase of 172% from the previous session’s volume of 33,115 shares.The stock last traded at $67.01 and had previously closed at $67.96.

iShares Climate Conscious & Transition MSCI USA ETF Stock Down 1.5 %

The firm has a 50 day moving average of $71.39 and a 200 day moving average of $70.41. The firm has a market cap of $2.17 billion, a PE ratio of 26.16 and a beta of 1.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp bought a new position in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned approximately 0.51% of iShares Climate Conscious & Transition MSCI USA ETF as of its most recent SEC filing.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.