BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Hits New 52-Week High at $59.96

Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) reached a new 52-week high on Friday . The stock traded as high as $59.96 and last traded at $59.96, with a volume of 2338 shares trading hands. The stock had previously closed at $59.60.

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

The firm’s 50 day simple moving average is $57.43 and its two-hundred day simple moving average is $55.49. The stock has a market cap of $1.26 billion, a P/E ratio of 25.25 and a beta of 1.00.

Institutional Trading of BlackRock U.S. Carbon Transition Readiness ETF

Several institutional investors have recently added to or reduced their stakes in LCTU. RCS Financial Planning LLC grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 3.6% during the first quarter. RCS Financial Planning LLC now owns 5,448 shares of the company’s stock worth $313,000 after acquiring an additional 189 shares during the last quarter. Dfpg Investments LLC grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 0.6% during the fourth quarter. Dfpg Investments LLC now owns 38,659 shares of the company’s stock worth $1,992,000 after acquiring an additional 239 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 10.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,690 shares of the company’s stock worth $141,000 after acquiring an additional 248 shares during the last quarter. Dohj LLC grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 2.5% during the first quarter. Dohj LLC now owns 14,608 shares of the company’s stock worth $839,000 after acquiring an additional 354 shares during the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 18.4% in the fourth quarter. AdvisorNet Financial Inc now owns 2,340 shares of the company’s stock worth $122,000 after purchasing an additional 364 shares during the period.

About BlackRock U.S. Carbon Transition Readiness ETF

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.