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

BlackRock Future Climate and Sustainable Economy ETF (NYSEARCA:BECO)’s stock price traded down 0.8% on Monday . The company traded as low as $20.30 and last traded at $20.30. 16 shares changed hands 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 Stock Down 0.8 %

The stock’s 50-day simple moving average is $20.71 and its two-hundred day simple moving average is $20.07. The company has a market capitalization of $4.06 million, a price-to-earnings ratio of 21.51 and a beta of 1.10.

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

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its stake in shares of BlackRock Future Climate and Sustainable Economy ETF by 10.8% in the third quarter. Jane Street Group LLC now owns 12,470 shares of the company’s stock worth $220,000 after acquiring an additional 1,219 shares during the last quarter. UBS Group AG boosted its stake in BlackRock Future Climate and Sustainable Economy ETF by 758.6% during the 2nd quarter. UBS Group AG now owns 1,889 shares of the company’s stock worth $36,000 after purchasing an additional 1,669 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in shares of BlackRock Future Climate and Sustainable Economy ETF by 27.4% during the fourth quarter. Flow Traders U.S. LLC now owns 17,024 shares of the company’s stock worth $342,000 after buying an additional 3,658 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of BlackRock Future Climate and Sustainable Economy ETF in the third quarter valued at about $173,000. Finally, Susquehanna International Group LLP purchased a new position in shares of BlackRock Future Climate and Sustainable Economy ETF in the fourth quarter worth 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.