Spire Wealth Management Has $99,000 Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Spire Wealth Management grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 8,375.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,034 shares of the company’s stock after acquiring an additional 2,010 shares during the period. Spire Wealth Management’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $99,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 14.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,493,684 shares of the company’s stock worth $203,294,000 after buying an additional 563,840 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth $12,670,000. Credit Suisse AG increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 11.5% in the first quarter. Credit Suisse AG now owns 1,165,000 shares of the company’s stock valued at $52,705,000 after acquiring an additional 120,000 shares during the period. Cetera Investment Advisers increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 782.3% in the fourth quarter. Cetera Investment Advisers now owns 110,052 shares of the company’s stock valued at $4,668,000 after acquiring an additional 97,579 shares during the period. Finally, MGO One Seven LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the first quarter valued at about $1,384,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of NYSEARCA LCTU opened at $49.64 on Tuesday. The stock has a market capitalization of $1.64 billion, a P/E ratio of 18.18 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $41.62 and a 1 year high of $50.75. The company’s 50-day moving average is $47.53 and its 200 day moving average is $47.96.

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.