Park Avenue Securities LLC Boosts Stake in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Park Avenue Securities LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 465,864 shares of the company’s stock after acquiring an additional 10,845 shares during the quarter. Park Avenue Securities LLC owned 2.45% of BlackRock U.S. Carbon Transition Readiness ETF worth $33,812,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Kestra Investment Management LLC grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 25.9% during the first quarter. Kestra Investment Management LLC now owns 5,399 shares of the company’s stock worth $327,000 after purchasing an additional 1,112 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings 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 buying an additional 19,561 shares during the last quarter. Ascent Group LLC raised its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 37.8% during the 1st quarter. Ascent Group LLC now owns 10,587 shares of the company’s stock valued at $642,000 after buying an additional 2,902 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 1st quarter valued at $797,000. Finally, Capital Asset Advisory Services LLC lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 57.5% during the 2nd quarter. Capital Asset Advisory Services LLC now owns 6,875 shares of the company’s stock worth $462,000 after acquiring an additional 2,510 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Up 0.7%

LCTU opened at $75.24 on Wednesday. The stock has a market cap of $1.44 billion, a PE ratio of 25.46 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $52.48 and a 52 week high of $75.25. The business’s fifty day simple moving average is $73.90 and its 200 day simple moving average is $71.54.

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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.