Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $79.81 and last traded at $79.79, with a volume of 16754 shares. The stock had previously closed at $79.22.
BlackRock U.S. Carbon Transition Readiness ETF Stock Performance
The firm has a market capitalization of $1.49 billion, a PE ratio of 25.46 and a beta of 1.02. The business’s 50 day moving average is $74.47 and its two-hundred day moving average is $74.22.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Wellington Grp LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF in the first quarter worth $27,000. Western Wealth Management LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF in the first quarter worth $28,000. GTS Financial LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF in the first quarter worth $363,000. NewEdge Advisors LLC grew its position in BlackRock U.S. Carbon Transition Readiness ETF by 11.9% in the first quarter. NewEdge Advisors LLC now owns 40,506 shares of the company’s stock worth $28,000 after acquiring an additional 4,313 shares in the last quarter. Finally, Royal Bank of Canada grew its position in BlackRock U.S. Carbon Transition Readiness ETF by 5.8% in the first quarter. Royal Bank of Canada now owns 95,488 shares of the company’s stock worth $6,698,000 after acquiring an additional 5,220 shares in the last quarter.
About BlackRock U.S. Carbon Transition Readiness ETF
The BlackRock U.S. Carbon Transition Readiness ETF (LCTU) is an exchange-traded fund that is based on the Russell 1000 index. The fund is an actively-managed portfolio of large- and mid-cap US firms in the Russell 1000 Index that are selected and weighted with a preference for lower carbon emissions. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.
Further Reading
- Five stocks we like better than BlackRock U.S. Carbon Transition Readiness ETF
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Receive News & Ratings for BlackRock U.S. Carbon Transition Readiness ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock U.S. Carbon Transition Readiness ETF and related companies with MarketBeat.com's FREE daily email newsletter.
