Sagespring Wealth Partners LLC Sells 404 Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Sagespring Wealth Partners LLC cut its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 1.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,400 shares of the company’s stock after selling 404 shares during the period. Sagespring Wealth Partners LLC owned approximately 0.11% of BlackRock U.S. Carbon Transition Readiness ETF worth $1,236,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LCTU. JFS Wealth Advisors LLC boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 7.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 4,271 shares of the company’s stock valued at $274,000 after buying an additional 295 shares during the last quarter. WBH Advisory Inc. lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 4.1% in the 4th quarter. WBH Advisory Inc. now owns 8,967 shares of the company’s stock valued at $574,000 after purchasing an additional 352 shares during the last quarter. Theory Financial LLC lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 117.6% in the 4th quarter. Theory Financial LLC now owns 13,595 shares of the company’s stock valued at $871,000 after purchasing an additional 7,346 shares during the last quarter. Wealthgarden F.S. LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at approximately $667,000. Finally, Sofi Wealth LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at approximately $284,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

NYSEARCA:LCTU opened at $65.35 on Tuesday. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 24.91 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $52.48 and a 1 year high of $67.15. The business has a 50 day simple moving average of $61.81 and a 200-day simple moving average of $63.20.

BlackRock U.S. Carbon Transition Readiness ETF Profile

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.