Axxcess Wealth Management LLC Has $285,000 Holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Axxcess Wealth Management LLC lifted its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 9.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,446 shares of the company’s stock after buying an additional 389 shares during the period. Axxcess Wealth Management LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $285,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 26.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock valued at $112,000 after purchasing an additional 361 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at $149,000. Hilltop Holdings Inc. bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at $200,000. Captrust Financial Advisors bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at $242,000. Finally, Sovran Advisors LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at $254,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of LCTU opened at $61.28 on Friday. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 25.57 and a beta of 1.03. The business’s fifty day moving average price is $64.47 and its two-hundred day moving average price is $64.03. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $54.08 and a 52 week high of $67.15.

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.