JFS Wealth Advisors LLC Cuts Holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

JFS Wealth Advisors LLC reduced its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 13.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,976 shares of the company’s stock after selling 624 shares during the period. JFS Wealth Advisors LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $249,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Gateway Wealth Partners LLC increased its stake in BlackRock U.S. Carbon Transition Readiness ETF by 19.9% in the 3rd quarter. Gateway Wealth Partners LLC now owns 6,355 shares of the company’s stock worth $399,000 after acquiring an additional 1,054 shares during the last quarter. MA Private Wealth increased its position in BlackRock U.S. Carbon Transition Readiness ETF by 0.6% in the third quarter. MA Private Wealth now owns 30,300 shares of the company’s stock worth $1,901,000 after purchasing an additional 183 shares during the last quarter. Trilogy Capital Inc. purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the third quarter valued at $294,000. Claro Advisors LLC lifted its position in BlackRock U.S. Carbon Transition Readiness ETF by 59.9% during the third quarter. Claro Advisors LLC now owns 10,273 shares of the company’s stock valued at $645,000 after purchasing an additional 3,848 shares during the last quarter. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth $240,000.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 1.9 %

Shares of NYSEARCA LCTU opened at $62.07 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $45.34 and a 12-month high of $63.99. The firm’s 50-day moving average price is $62.17 and its 200-day moving average price is $59.64. The stock has a market capitalization of $1.31 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.