BlackRock U.S. Carbon Transition Readiness ETF $LCTU Stock Holdings Trimmed by Two West Capital Advisors LLC

Two West Capital Advisors LLC lowered its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 86.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,601 shares of the company’s stock after selling 16,315 shares during the quarter. Two West Capital Advisors LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of LCTU. Envestnet Asset Management Inc. grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 362.9% during the second quarter. Envestnet Asset Management Inc. now owns 20,484,323 shares of the company’s stock worth $1,642,023,000 after acquiring an additional 16,059,516 shares during the last quarter. NorthRock Partners LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at $26,952,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 33.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,129,793 shares of the company’s stock valued at $90,564,000 after acquiring an additional 286,176 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at $11,267,000. Finally, Advisory Solutions Group LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at $7,638,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of NYSEARCA:LCTU opened at $82.68 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a 1-year low of $67.95 and a 1-year high of $83.80. The stock has a market cap of $1.19 billion, a P/E ratio of 25.46 and a beta of 1.02. The firm has a fifty day moving average price of $82.57 and a 200 day moving average price of $79.79.

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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.