BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Sets New 52-Week High – Here’s What Happened

BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)’s share price reached a new 52-week high on Tuesday . The company traded as high as $81.61 and last traded at $81.61, with a volume of 145 shares. The stock had previously closed at $81.28.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 0.0%

The business has a fifty day moving average of $80.09 and a 200-day moving average of $76.48. The company has a market cap of $1.25 billion, a PE ratio of 25.46 and a beta of 1.02.

Hedge Funds Weigh In On BlackRock U.S. Carbon Transition Readiness ETF

Hedge funds have recently made changes to their positions in the business. Wellington Grp LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 1st quarter valued at $27,000. Western Wealth Management LLC purchased a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter worth about $28,000. Camelot Portfolios LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $30,000. Clean Yield Group bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $31,000. Finally, Commonwealth Retirement Investments LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $45,000.

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.