BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Reaches New 52-Week High – What’s Next?

Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) reached a new 52-week high on Wednesday . The company traded as high as $66.98 and last traded at $66.98, with a volume of 23033 shares traded. The stock had previously closed at $66.83.

BlackRock U.S. Carbon Transition Readiness ETF Stock Up 0.2 %

The stock has a fifty day moving average of $65.40 and a 200-day moving average of $63.58. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 25.25 and a beta of 1.00.

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

Large investors have recently modified their holdings of the company. CoreCap Advisors LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF by 1.5% in the fourth quarter. CoreCap Advisors LLC now owns 10,327 shares of the company’s stock worth $661,000 after acquiring an additional 154 shares in the last quarter. World Investment Advisors LLC increased its position in BlackRock U.S. Carbon Transition Readiness ETF by 0.7% during the 3rd quarter. World Investment Advisors LLC now owns 22,209 shares of the company’s stock worth $1,393,000 after purchasing an additional 165 shares in the last quarter. Spectrum Planning & Advisory Services Inc. increased its position in BlackRock U.S. Carbon Transition Readiness ETF by 1.8% during the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 9,660 shares of the company’s stock worth $606,000 after purchasing an additional 170 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 0.7% in the 4th quarter. Regal Investment Advisors LLC now owns 24,530 shares of the company’s stock worth $1,571,000 after buying an additional 172 shares during the last quarter. Finally, MA Private Wealth boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 0.6% in the 3rd quarter. MA Private Wealth now owns 30,300 shares of the company’s stock worth $1,901,000 after buying an additional 183 shares during the last quarter.

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.