BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Stock Price Down 0.7%

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD)’s share price fell 0.7% during mid-day trading on Thursday . The stock traded as low as $41.73 and last traded at $41.73. 5,519 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 25,569 shares. The stock had previously closed at $42.02.

BlackRock World ex U.S. Carbon Transition Readiness ETF Price Performance

The firm’s 50 day moving average price is $42.25 and its 200-day moving average price is $41.99. The firm has a market cap of $547.91 million, a price-to-earnings ratio of 11.53 and a beta of 0.88.

Institutional Investors Weigh In On BlackRock World ex U.S. Carbon Transition Readiness ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. LPL Financial LLC acquired a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the second quarter worth $417,000. Cerity Partners LLC boosted its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 18.4% during the first quarter. Cerity Partners LLC now owns 39,438 shares of the company’s stock worth $1,646,000 after buying an additional 6,118 shares in the last quarter. Jane Street Group LLC boosted its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 150.7% during the third quarter. Jane Street Group LLC now owns 149,976 shares of the company’s stock worth $5,080,000 after buying an additional 90,146 shares in the last quarter. Citadel Advisors LLC boosted its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 31.8% during the second quarter. Citadel Advisors LLC now owns 135,993 shares of the company’s stock worth $5,157,000 after buying an additional 32,805 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 368.3% during the first quarter. Flow Traders U.S. LLC now owns 171,359 shares of the company’s stock worth $7,679,000 after buying an additional 134,764 shares in the last quarter.

About BlackRock World ex U.S. Carbon Transition Readiness ETF

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that is based on the MSCI World ex USA index. The fund is an actively managed fund that targets companies in developed markets outside of the US that are considered to be equipped for a low-carbon economy transition.