Wrapmanager Inc. Lowers Stock Holdings in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Wrapmanager Inc. reduced its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 28.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,465 shares of the company’s stock after selling 2,183 shares during the quarter. Wrapmanager Inc.’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $368,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Copperleaf Capital LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 2.8% in the first quarter. Copperleaf Capital LLC now owns 12,426 shares of the company’s stock worth $753,000 after acquiring an additional 339 shares in the last quarter. Tempus Wealth Planning LLC increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 7.4% during the second quarter. Tempus Wealth Planning LLC now owns 9,450 shares of the company’s stock valued at $636,000 after acquiring an additional 648 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 27.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 111,905 shares of the company’s stock worth $7,528,000 after purchasing an additional 23,832 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 1.8% in the 1st quarter. Bank of New York Mellon Corp now owns 35,320 shares of the company’s stock worth $2,141,000 after purchasing an additional 629 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its position in BlackRock U.S. Carbon Transition Readiness ETF by 11.9% during the 1st quarter. CreativeOne Wealth LLC now owns 18,131 shares of the company’s stock valued at $1,099,000 after purchasing an additional 1,926 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

NYSEARCA:LCTU opened at $73.29 on Friday. The firm has a market cap of $1.39 billion, a P/E ratio of 25.46 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $52.48 and a fifty-two week high of $75.14. The firm has a 50-day simple moving average of $72.79 and a two-hundred day simple moving average of $68.69.

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.