Sequoia Financial Advisors LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 140,557 shares of the company’s stock, valued at approximately $11,267,000.
A number of other institutional investors have also recently bought and sold shares of LCTU. Goldman Sachs Group Inc. raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 266.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 26,898 shares of the company’s stock worth $1,630,000 after buying an additional 19,561 shares during the period. Jane Street Group LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF in the first quarter valued at about $797,000. First Trust Advisors LP bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the second quarter worth about $217,000. Raymond James Financial Inc. increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 27.9% in the second quarter. Raymond James Financial Inc. now owns 9,040 shares of the company’s stock worth $608,000 after acquiring an additional 1,972 shares in the last quarter. Finally, Orion Porfolio Solutions LLC raised its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 26.9% during the second quarter. Orion Porfolio Solutions LLC now owns 40,393 shares of the company’s stock worth $2,717,000 after purchasing an additional 8,562 shares during the period.
BlackRock U.S. Carbon Transition Readiness ETF Price Performance
NYSEARCA:LCTU opened at $81.46 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $67.95 and a fifty-two week high of $83.80. The stock has a market capitalization of $1.23 billion, a PE ratio of 25.46 and a beta of 1.02. The business’s 50-day simple moving average is $81.67 and its 200-day simple moving average is $78.01.
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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.
Featured Stories
- Five stocks we like better than BlackRock U.S. Carbon Transition Readiness ETF
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Want to see what other hedge funds are holding LCTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report).
Receive News & Ratings for BlackRock U.S. Carbon Transition Readiness ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock U.S. Carbon Transition Readiness ETF and related companies with MarketBeat.com's FREE daily email newsletter.
