Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Get Free Report) crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $82.36 and traded as high as $82.56. BlackRock U.S. Carbon Transition Readiness ETF shares last traded at $82.45, with a volume of 78,991 shares.
BlackRock U.S. Carbon Transition Readiness ETF Stock Performance
The firm has a market cap of $1.19 billion, a PE ratio of 25.46 and a beta of 1.02. The firm’s 50-day moving average price is $82.36 and its two-hundred day moving average price is $78.22.
Institutional Investors Weigh In On BlackRock U.S. Carbon Transition Readiness ETF
A number of institutional investors and hedge funds have recently bought and sold shares of LCTU. Tempus Wealth Planning LLC increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.5% in the 3rd quarter. Tempus Wealth Planning LLC now owns 9,153 shares of the company’s stock valued at $748,000 after acquiring an additional 133 shares during the period. Centurion Wealth Management LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF by 2.8% in the 2nd quarter. Centurion Wealth Management LLC now owns 6,220 shares of the company’s stock valued at $499,000 after purchasing an additional 169 shares during the last quarter. Ehrlich Financial Group raised its position in 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 purchasing an additional 232 shares during the last quarter. Mather Group LLC. purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at $25,000. Finally, West Branch Capital LLC acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 3rd quarter worth $25,000.
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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.
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