Waverly Advisors LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 91,803 shares of the company’s stock, valued at approximately $7,359,000.
Several other institutional investors have also made changes to their positions in LCTU. Wellington Grp LLC acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 1st quarter valued at about $27,000. NewEdge Advisors LLC increased its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 11.9% in the first quarter. NewEdge Advisors LLC now owns 40,506 shares of the company’s stock worth $28,000 after buying an additional 4,313 shares during the last quarter. Western Wealth Management LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF in the first quarter worth approximately $28,000. Timbuktu Capital Management LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF in the second quarter worth approximately $37,000. Finally, Commonwealth Retirement Investments LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter valued at approximately $45,000.
BlackRock U.S. Carbon Transition Readiness ETF Stock Down 0.6%
LCTU stock opened at $81.97 on Thursday. The firm has a 50 day moving average of $81.65 and a two-hundred day moving average of $77.96. BlackRock U.S. Carbon Transition Readiness ETF has a 12 month low of $67.95 and a 12 month high of $83.80. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02.
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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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).
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