Sofi Wealth LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report) by 24.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 121,482 shares of the company’s stock after acquiring an additional 23,873 shares during the period. BlackRock U.S. Carbon Transition Readiness ETF makes up approximately 0.4% of Sofi Wealth LLC’s holdings, making the stock its 20th biggest holding. Sofi Wealth LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $8,520,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the business. Goldman Sachs Group Inc. boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 26,898 shares of the company’s stock worth $1,630,000 after purchasing an additional 19,561 shares in the last quarter. Jane Street Group LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 1st quarter valued at about $797,000. First Trust Advisors LP purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the second quarter valued at about $217,000. Raymond James Financial Inc. raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 27.9% in the second quarter. Raymond James Financial Inc. now owns 9,040 shares of the company’s stock valued at $608,000 after buying an additional 1,972 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 26.9% in the second quarter. Orion Porfolio Solutions LLC now owns 40,393 shares of the company’s stock worth $2,717,000 after acquiring an additional 8,562 shares in the last quarter.
BlackRock U.S. Carbon Transition Readiness ETF Stock Performance
Shares of LCTU stock opened at $80.87 on Friday. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02. The stock’s 50-day simple moving average is $79.75 and its 200-day simple moving average is $75.94. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $67.45 and a fifty-two week high of $81.41.
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.
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