BlackRock Future Climate and Sustainable Economy ETF (NYSEARCA:BECO) Shares Down 0.8%

Shares of BlackRock Future Climate and Sustainable Economy ETF (NYSEARCA:BECO) fell 0.8% on Monday . The company traded as low as $20.30 and last traded at $20.30. 16 shares were traded during trading, a decline of 99% from the average session volume of 1,072 shares. The stock had previously closed at $20.47.

BlackRock Future Climate and Sustainable Economy ETF Price Performance

The business has a 50-day moving average of $20.71 and a two-hundred day moving average of $20.08. The company has a market cap of $3.02 million, a P/E ratio of 16.71 and a beta of 0.86.

Institutional Investors Weigh In On BlackRock Future Climate and Sustainable Economy ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG raised its stake in BlackRock Future Climate and Sustainable Economy ETF by 758.6% in the second quarter. UBS Group AG now owns 1,889 shares of the company’s stock valued at $36,000 after buying an additional 1,669 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in BlackRock Future Climate and Sustainable Economy ETF in the third quarter valued at about $173,000. Jane Street Group LLC purchased a new stake in BlackRock Future Climate and Sustainable Economy ETF in the second quarter valued at about $212,000. Flow Traders U.S. LLC raised its stake in BlackRock Future Climate and Sustainable Economy ETF by 27.4% in the fourth quarter. Flow Traders U.S. LLC now owns 17,024 shares of the company’s stock valued at $342,000 after buying an additional 3,658 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in BlackRock Future Climate and Sustainable Economy ETF in the fourth quarter valued at about $345,000.

BlackRock Future Climate and Sustainable Economy ETF Company Profile

The BlackRock Future Climate and Sustainable Economy ETF (BECO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of globally-listed companies that are selected for lower carbon footprint. BECO was launched on Aug 3, 2021 and is managed by BlackRock.