Orion Porfolio Solutions LLC Has $3.56 Million Position in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Orion Porfolio Solutions LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 21.3% in the 3rd quarter, Holdings Channel reports. The firm owned 48,980 shares of the company’s stock after buying an additional 8,587 shares during the period. Orion Porfolio Solutions LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $3,555,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of LCTU. GeoWealth Management LLC grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 61.6% in the 2nd quarter. GeoWealth Management LLC now owns 59,403 shares of the company’s stock valued at $3,996,000 after buying an additional 22,648 shares during the period. Park Avenue Securities LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 2.4% during the 3rd quarter. Park Avenue Securities LLC now owns 465,864 shares of the company’s stock worth $33,812,000 after buying an additional 10,845 shares during the period. Osaic Holdings Inc. raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 88.0% during the 2nd quarter. Osaic Holdings Inc. now owns 82,234 shares of the company’s stock worth $5,408,000 after buying an additional 38,503 shares during the period. JPMorgan Chase & Co. lifted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 22.4% during the third quarter. JPMorgan Chase & Co. now owns 784,046 shares of the company’s stock worth $56,905,000 after acquiring an additional 143,335 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 5.1% during the second quarter. Cetera Investment Advisers now owns 303,697 shares of the company’s stock worth $20,430,000 after acquiring an additional 14,696 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 1.3%

NYSEARCA:LCTU opened at $72.68 on Monday. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $52.48 and a 1 year high of $75.50. The stock has a 50-day moving average price of $74.43 and a two-hundred day moving average price of $73.38. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 25.46 and a beta of 1.03.

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