BlackRock Future Climate and Sustainable Economy ETF (NYSEARCA:BECO) Shares Down 0.8%

BlackRock Future Climate and Sustainable Economy ETF (NYSEARCA:BECO)’s stock price was down 0.8% on Monday . The company traded as low as $20.30 and last traded at $20.30. Approximately 16 shares traded hands during trading, a decline of 99% from the average daily volume of 1,072 shares. The stock had previously closed at $20.47.

BlackRock Future Climate and Sustainable Economy ETF Stock Down 0.3 %

The stock has a market cap of $3.02 million, a P/E ratio of 16.71 and a beta of 0.86. The business’s 50-day simple moving average is $20.71 and its two-hundred day simple moving average is $20.08.

Institutional Investors Weigh In On BlackRock Future Climate and Sustainable Economy ETF

Institutional investors and hedge funds have recently modified their holdings of the company. UBS Group AG lifted its holdings in shares of BlackRock Future Climate and Sustainable Economy ETF by 758.6% in the second quarter. UBS Group AG now owns 1,889 shares of the company’s stock worth $36,000 after buying an additional 1,669 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of BlackRock Future Climate and Sustainable Economy ETF in the third quarter worth about $173,000. Jane Street Group LLC purchased a new stake in shares of BlackRock Future Climate and Sustainable Economy ETF in the second quarter worth about $212,000. Flow Traders U.S. LLC lifted its holdings in shares of BlackRock Future Climate and Sustainable Economy ETF by 27.4% in the fourth quarter. Flow Traders U.S. LLC now owns 17,024 shares of the company’s stock worth $342,000 after buying an additional 3,658 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of BlackRock Future Climate and Sustainable Economy ETF in the fourth quarter worth about $345,000.

BlackRock Future Climate and Sustainable Economy ETF Company Profile

The BlackRock Future Climate and Sustainable Economy ETF (BECO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of globally-listed companies that are selected for lower carbon footprint. BECO was launched on Aug 3, 2021 and is managed by BlackRock.