391,010 Shares of BlackRock U.S. Carbon Transition Readiness ETF $LCTU Bought by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 391,010 shares of the company’s stock, valued at approximately $31,934,000. Park Avenue Securities LLC owned about 2.72% of BlackRock U.S. Carbon Transition Readiness ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in LCTU. Sigma Planning Corp bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the third quarter worth approximately $205,000. Sharkey Howes & Javer increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 0.9% in the third quarter. Sharkey Howes & Javer now owns 56,336 shares of the company’s stock valued at $4,601,000 after buying an additional 526 shares in the last quarter. Sterling Manor Financial LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the third quarter valued at $306,000. Diversify Advisory Services LLC increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 39.6% in the third quarter. Diversify Advisory Services LLC now owns 17,982 shares of the company’s stock valued at $1,487,000 after buying an additional 5,103 shares in the last quarter. Finally, West Branch Capital LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the third quarter valued at $25,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of NYSEARCA:LCTU opened at $81.78 on Tuesday. BlackRock U.S. Carbon Transition Readiness ETF has a one year low of $67.95 and a one year high of $83.80. The stock has a fifty day moving average of $82.38 and a 200-day moving average of $78.14. The company has a market capitalization of $1.18 billion, a PE ratio of 25.46 and a beta of 1.02.

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.