BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 11,987 shares, a decrease of 36.6% from the August 15th total of 18,911 shares. Based on an average daily trading volume, of 19,144 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are short sold.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of LCTU. NorthRock Partners LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the second quarter valued at about $26,952,000. Sequoia Financial Advisors LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter valued at about $11,267,000. Avise Financial Cooperative Inc. purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $7,512,000. Advisory Solutions Group LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter valued at about $7,638,000. Finally, Waverly Advisors LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter worth approximately $7,359,000.
BlackRock U.S. Carbon Transition Readiness ETF Stock Down 0.4%
LCTU traded down $0.29 during trading hours on Friday, hitting $81.43. The stock had a trading volume of 16,558 shares, compared to its average volume of 52,331. The stock has a market cap of $1.23 billion, a PE ratio of 25.46 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $67.95 and a 1 year high of $83.80. The company’s fifty day simple moving average is $81.77 and its 200 day simple moving average is $78.27.
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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.
Featured Stories
- Five stocks we like better than BlackRock U.S. Carbon Transition Readiness ETF
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
- Braze Beat Expectations—Now 2 SaaS Peers Are in Focus
Receive News & Ratings for BlackRock U.S. Carbon Transition Readiness ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock U.S. Carbon Transition Readiness ETF and related companies with MarketBeat.com's FREE daily email newsletter.
