BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Reaches New 52-Week High – Should You Buy?

BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTUGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $70.62 and last traded at $70.57, with a volume of 21684 shares traded. The stock had previously closed at $70.37.

BlackRock U.S. Carbon Transition Readiness ETF Stock Up 0.3%

The business has a 50-day moving average of $68.37 and a 200-day moving average of $64.26. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02.

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

Large investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter valued at approximately $512,000. Mariner LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth approximately $528,000. CoreCap Advisors LLC increased its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.5% during the 4th quarter. CoreCap Advisors LLC now owns 10,327 shares of the company’s stock worth $661,000 after purchasing an additional 154 shares during the last quarter. Guardian Wealth Advisors LLC NC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at $67,000. Finally, Investor s Fiduciary Advisor Network LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at $3,002,000.

About BlackRock U.S. Carbon Transition Readiness ETF

(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.

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