BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Reaches New 12-Month High at $62.83

BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) reached a new 52-week high during trading on Monday . The company traded as high as $62.83 and last traded at $62.74, with a volume of 34298 shares trading hands. The stock had previously closed at $62.54.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 0.3 %

The business has a 50-day simple moving average of $60.31 and a 200 day simple moving average of $58.62. The stock has a market cap of $1.33 billion, a P/E ratio of 25.25 and a beta of 1.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. ORG Partners LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $73,000. Continuum Advisory LLC lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 24.2% in the 2nd quarter. Continuum Advisory LLC now owns 3,387 shares of the company’s stock valued at $201,000 after purchasing an additional 660 shares during the period. Goldstein Advisors LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $210,000. Williams Financial LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter valued at about $204,000. Finally, Citizens Financial Group Inc. RI acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter valued at about $222,000.

BlackRock U.S. Carbon Transition Readiness ETF Company Profile

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.