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

BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) hit a new 52-week high during trading on Monday . The stock traded as high as $66.01 and last traded at $66.01, with a volume of 8915 shares changing hands. The stock had previously closed at $65.88.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

The firm has a market cap of $1.40 billion, a P/E ratio of 25.25 and a beta of 1.00. The company has a 50 day moving average of $63.71 and a 200 day moving average of $61.03.

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

Large investors have recently made changes to their positions in the company. ORG Partners LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the second quarter worth approximately $73,000. Hilltop Holdings Inc. bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the third quarter valued at approximately $200,000. Continuum Advisory LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 24.2% in the second quarter. Continuum Advisory LLC now owns 3,387 shares of the company’s stock valued at $201,000 after acquiring an additional 660 shares during the period. Goldstein Advisors LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the second quarter valued at approximately $210,000. Finally, W.H. Cornerstone Investments Inc. bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the third quarter valued at approximately $224,000.

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.