SVB Wealth LLC trimmed its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report) by 15.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,091 shares of the company’s stock after selling 935 shares during the quarter. SVB Wealth LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $266,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the third quarter valued at approximately $70,524,000. Envestnet Asset Management Inc. increased its stake in BlackRock U.S. Carbon Transition Readiness ETF by 5.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,733,316 shares of the company’s stock valued at $222,845,000 after purchasing an additional 235,028 shares in the last quarter. LPL Financial LLC raised its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 546.5% during the third quarter. LPL Financial LLC now owns 240,472 shares of the company’s stock worth $11,321,000 after buying an additional 203,276 shares during the last quarter. Park Avenue Securities LLC lifted its position in BlackRock U.S. Carbon Transition Readiness ETF by 33.7% in the 3rd quarter. Park Avenue Securities LLC now owns 414,629 shares of the company’s stock valued at $19,521,000 after acquiring an additional 104,602 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 1,338.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 72,447 shares of the company’s stock valued at $3,411,000 after purchasing an additional 67,409 shares during the last quarter.
BlackRock U.S. Carbon Transition Readiness ETF Stock Performance
Shares of LCTU opened at $54.61 on Tuesday. The firm has a market capitalization of $1.36 billion, a P/E ratio of 25.00 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $44.42 and a 52 week high of $57.55. The stock has a 50 day moving average price of $56.06 and a two-hundred day moving average price of $52.42.
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.
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