Commonwealth Equity Services LLC Boosts Stock Holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Commonwealth Equity Services LLC lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 5.0% during the first quarter, Holdings Channel reports. The fund owned 32,947 shares of the company’s stock after acquiring an additional 1,567 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $1,892,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. MA Private Wealth increased its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 371.4% in the fourth quarter. MA Private Wealth now owns 30,117 shares of the company’s stock valued at $1,576,000 after buying an additional 23,728 shares during the last quarter. Transcend Capital Advisors LLC grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 12.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 6,994 shares of the company’s stock worth $366,000 after purchasing an additional 773 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 24.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,866,249 shares of the company’s stock worth $97,679,000 after purchasing an additional 368,286 shares during the last quarter. Capital Analysts LLC grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 22.8% during the fourth quarter. Capital Analysts LLC now owns 5,099 shares of the company’s stock worth $267,000 after purchasing an additional 948 shares during the last quarter. Finally, CFS Investment Advisory Services LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter worth about $252,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of LCTU stock traded up $0.20 during mid-day trading on Friday, hitting $60.35. 18,690 shares of the stock were exchanged, compared to its average volume of 60,176. The stock’s fifty day simple moving average is $57.92 and its two-hundred day simple moving average is $55.79. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 25.25 and a beta of 1.00. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $44.82 and a 12-month high of $60.38.

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.