BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Shares Purchased by World Investment Advisors

World Investment Advisors boosted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 6.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,565 shares of the company’s stock after buying an additional 1,356 shares during the quarter. World Investment Advisors owned 0.11% of BlackRock U.S. Carbon Transition Readiness ETF worth $1,509,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LCTU. WealthTrak Capital Management LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter worth about $52,000. PNC Financial Services Group Inc. lifted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 26.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock worth $112,000 after acquiring an additional 361 shares during the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth approximately $149,000. Hilltop Holdings Inc. purchased a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at approximately $200,000. Finally, Captrust Financial Advisors acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at $242,000.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 5.9 %

BlackRock U.S. Carbon Transition Readiness ETF stock opened at $54.82 on Friday. The stock has a market cap of $1.05 billion, a P/E ratio of 24.93 and a beta of 1.03. The company has a fifty day simple moving average of $63.52 and a 200-day simple moving average of $64.03. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $54.08 and a 12-month high of $67.15.

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.