BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Get Free Report) saw unusually-strong trading volume on Tuesday . 165,775 shares changed hands during trading, an increase of 218% from the previous session’s volume of 52,127 shares.The stock last traded at $82.90 and had previously closed at $83.01.
BlackRock U.S. Carbon Transition Readiness ETF Stock Performance
The company has a market capitalization of $1.25 billion, a PE ratio of 25.46 and a beta of 1.02. The company’s fifty day moving average is $81.83 and its 200-day moving average is $78.39.
Institutional Trading of BlackRock U.S. Carbon Transition Readiness ETF
Institutional investors and hedge funds have recently modified their holdings of the company. Traveka Wealth LLC boosted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 2.1% during the first quarter. Traveka Wealth LLC now owns 7,986 shares of the company’s stock valued at $560,000 after purchasing an additional 164 shares in the last quarter. Centurion Wealth Management LLC lifted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 2.8% during the second quarter. Centurion Wealth Management LLC now owns 6,220 shares of the company’s stock worth $499,000 after buying an additional 169 shares during the period. Ehrlich Financial Group increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 7.7% in the 2nd quarter. Ehrlich Financial Group now owns 3,244 shares of the company’s stock valued at $260,000 after acquiring an additional 232 shares during the period. Wellington Grp LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter worth $27,000. Finally, Western Wealth Management LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the first quarter valued at about $28,000.
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.
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