BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Sees Large Volume Increase

BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTUGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 57,663 shares changed hands during mid-day trading, an increase of 10% from the previous session’s volume of 52,624 shares.The stock last traded at $60.44 and had previously closed at $60.30.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 1.6 %

The company has a market cap of $1.25 billion, a P/E ratio of 25.25 and a beta of 1.00. The company has a 50 day moving average price of $59.99 and a 200-day moving average price of $57.99.

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

Hedge funds have recently made changes to their positions in the stock. Principal Securities Inc. acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter worth about $37,000. ORG Partners LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the second quarter worth about $73,000. EverSource Wealth Advisors LLC increased its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 10.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,690 shares of the company’s stock valued at $141,000 after buying an additional 248 shares during the period. Axxcess Wealth Management LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at approximately $201,000. Finally, Continuum Advisory LLC boosted its position in BlackRock U.S. Carbon Transition Readiness ETF by 24.2% during the 2nd quarter. Continuum Advisory LLC now owns 3,387 shares of the company’s stock worth $201,000 after buying an additional 660 shares during the period.

BlackRock U.S. Carbon Transition Readiness ETF Company Profile

(Get Free Report)

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.

Further Reading

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