Park Avenue Securities LLC Raises Stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Park Avenue Securities LLC increased its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 444,144 shares of the company’s stock after buying an additional 5,023 shares during the period. Park Avenue Securities LLC owned 2.10% of BlackRock U.S. Carbon Transition Readiness ETF worth $28,447,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 21.0% during the second quarter. LPL Financial LLC now owns 579,979 shares of the company’s stock worth $34,455,000 after acquiring an additional 100,813 shares during the period. Sanctuary Advisors LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter valued at about $4,262,000. Thrivent Financial for Lutherans raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 67.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 119,281 shares of the company’s stock valued at $7,484,000 after purchasing an additional 47,989 shares in the last quarter. Elios Financial Group Inc. purchased a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth approximately $2,929,000. Finally, Integrated Wealth Concepts LLC increased its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 35.0% during the third quarter. Integrated Wealth Concepts LLC now owns 92,816 shares of the company’s stock valued at $5,823,000 after buying an additional 24,064 shares during the period.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 0.2 %

LCTU opened at $63.63 on Wednesday. BlackRock U.S. Carbon Transition Readiness ETF has a 12 month low of $51.69 and a 12 month high of $66.70. The stock has a fifty day moving average price of $65.10 and a 200-day moving average price of $62.54. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 25.25 and a beta of 1.00.

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.