First Horizon Advisors Inc. raised its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report) by 51.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,923 shares of the company’s stock after acquiring an additional 4,386 shares during the quarter. First Horizon Advisors Inc. owned approximately 0.07% of BlackRock U.S. Carbon Transition Readiness ETF worth $869,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.8% in the 1st quarter. Bank of New York Mellon Corp now owns 35,320 shares of the company’s stock valued at $2,141,000 after purchasing an additional 629 shares during the period. Concurrent Investment Advisors LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF during the first quarter worth approximately $202,000. Cornerstone Planning Group LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter valued at $42,000. Gateway Wealth Partners LLC lifted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 19.2% during the 1st quarter. Gateway Wealth Partners LLC now owns 5,945 shares of the company’s stock valued at $360,000 after purchasing an additional 957 shares during the last quarter. Finally, Wealthgarden F.S. LLC boosted its position in BlackRock U.S. Carbon Transition Readiness ETF by 3.9% during the first quarter. Wealthgarden F.S. LLC now owns 10,822 shares of the company’s stock worth $656,000 after purchasing an additional 409 shares during the period.
BlackRock U.S. Carbon Transition Readiness ETF Price Performance
NYSEARCA:LCTU opened at $72.98 on Friday. The company has a market cap of $1.39 billion, a P/E ratio of 25.46 and a beta of 1.03. The firm’s fifty day moving average price is $72.43 and its two-hundred day moving average price is $68.14. BlackRock U.S. Carbon Transition Readiness ETF has a one year low of $52.48 and a one year high of $75.14.
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.
See Also
- Five stocks we like better than BlackRock U.S. Carbon Transition Readiness ETF
- Health Care Stocks Explained: Why You Might Want to Invest
- CAVA Stock Looking for Direction After Earnings Miss
- Which Wall Street Analysts are the Most Accurate?
- 3 Small AI Stocks Ready to Explode (All Under $20)
- What Are Treasury Bonds?
- After 16% Fall, Analysts Eye a Big Recovery in Meta Platforms
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.
