Investor s Fiduciary Advisor Network LLC trimmed its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report) by 87.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,971 shares of the company’s stock after selling 27,054 shares during the quarter. Investor s Fiduciary Advisor Network LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $318,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in LCTU. Northwestern Mutual Wealth Management Co. grew its stake in BlackRock U.S. Carbon Transition Readiness ETF by 50,423.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 575,968 shares of the company’s stock worth $42,674,000 after buying an additional 574,828 shares in the last quarter. Avise Financial Cooperative Inc. purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter valued at about $7,512,000. LPL Financial LLC lifted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 3.7% during the fourth quarter. LPL Financial LLC now owns 1,223,595 shares of the company’s stock worth $90,657,000 after purchasing an additional 43,128 shares during the last quarter. Sofi Wealth LLC boosted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 24.5% in the 1st quarter. Sofi Wealth LLC now owns 121,482 shares of the company’s stock worth $8,520,000 after purchasing an additional 23,873 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 9.5% in the 4th quarter. MML Investors Services LLC now owns 253,028 shares of the company’s stock worth $18,747,000 after purchasing an additional 21,873 shares in the last quarter.
BlackRock U.S. Carbon Transition Readiness ETF Price Performance
Shares of NYSEARCA LCTU opened at $83.00 on Friday. The stock has a market capitalization of $1.25 billion, a P/E ratio of 25.46 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a one year low of $67.95 and a one year high of $83.80. The firm’s 50 day simple moving average is $81.50 and its two-hundred day simple moving average is $77.75.
BlackRock U.S. Carbon Transition Readiness ETF Company 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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.
Featured Stories
- Five stocks we like better than BlackRock U.S. Carbon Transition Readiness ETF
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Want to see what other hedge funds are holding LCTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report).
Receive News & Ratings for BlackRock U.S. Carbon Transition Readiness ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock U.S. Carbon Transition Readiness ETF and related companies with MarketBeat.com's FREE daily email newsletter.
