Commonwealth Equity Services LLC Boosts Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Commonwealth Equity Services LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,947 shares of the company’s stock after acquiring an additional 1,567 shares during the quarter. Commonwealth Equity Services LLC owned 0.16% of BlackRock U.S. Carbon Transition Readiness ETF worth $1,892,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its position in BlackRock U.S. Carbon Transition Readiness ETF by 54.8% in the third quarter. Integrated Wealth Concepts LLC now owns 50,958 shares of the company’s stock worth $2,399,000 after buying an additional 18,043 shares in the last quarter. Financial Gravity Asset Management Inc. increased its position in BlackRock U.S. Carbon Transition Readiness ETF by 1,338.0% in the third quarter. Financial Gravity Asset Management Inc. now owns 72,447 shares of the company’s stock worth $3,411,000 after buying an additional 67,409 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its position in BlackRock U.S. Carbon Transition Readiness ETF by 154.5% in the third quarter. B. Riley Wealth Advisors Inc. now owns 19,515 shares of the company’s stock worth $923,000 after buying an additional 11,846 shares in the last quarter. WBH Advisory Inc. purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $481,000. Finally, Capital Asset Advisory Services LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $201,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of NYSEARCA:LCTU traded up $0.20 during trading on Friday, hitting $60.35. 18,690 shares of the company’s stock were exchanged, compared to its average volume of 60,176. The business’s 50-day simple moving average is $57.92 and its 200 day simple moving average is $55.79. BlackRock U.S. Carbon Transition Readiness ETF has a 52-week low of $44.82 and a 52-week high of $60.38. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 25.25 and a beta of 1.00.

BlackRock U.S. Carbon Transition Readiness ETF 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.