Sofi Wealth LLC Buys New Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Sofi Wealth LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 4,439 shares of the company’s stock, valued at approximately $284,000. BlackRock U.S. Carbon Transition Readiness ETF accounts for approximately 0.0% of Sofi Wealth LLC’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds have also added to or reduced their stakes in the business. Park Avenue Securities LLC increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.1% during the fourth quarter. Park Avenue Securities LLC now owns 444,144 shares of the company’s stock valued at $28,447,000 after acquiring an additional 5,023 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 67.3% during the third quarter. Thrivent Financial for Lutherans now owns 119,281 shares of the company’s stock valued at $7,484,000 after acquiring an additional 47,989 shares in the last quarter. Assetmark Inc. increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.1% during the third quarter. Assetmark Inc. now owns 99,988 shares of the company’s stock valued at $6,273,000 after acquiring an additional 1,094 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of 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 acquiring an additional 24,064 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 0.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 87,418 shares of the company’s stock valued at $5,599,000 after acquiring an additional 654 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Down 0.5 %

NYSEARCA LCTU opened at $65.26 on Tuesday. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 27.49 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $54.08 and a 52 week high of $67.15. The business has a 50 day moving average price of $65.38 and a 200-day moving average price of $63.84.

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.