Cerity Partners LLC Purchases 33,969 Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Cerity Partners LLC grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 281.7% in the 4th quarter, Holdings Channel reports. The firm owned 46,028 shares of the company’s stock after acquiring an additional 33,969 shares during the quarter. Cerity Partners LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $2,409,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in LCTU. Envestnet Portfolio Solutions Inc. bought a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 3rd quarter worth approximately $70,524,000. JPMorgan Chase & Co. acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth approximately $12,670,000. Envestnet Asset Management Inc. grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 5.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,733,316 shares of the company’s stock worth $222,845,000 after buying an additional 235,028 shares during the period. LPL Financial LLC grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 546.5% during the 3rd quarter. LPL Financial LLC now owns 240,472 shares of the company’s stock worth $11,321,000 after buying an additional 203,276 shares during the period. Finally, Park Avenue Securities LLC grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 33.7% during the 3rd quarter. Park Avenue Securities LLC now owns 414,629 shares of the company’s stock worth $19,521,000 after buying an additional 104,602 shares during the period.

BlackRock U.S. Carbon Transition Readiness ETF Stock Down 0.4 %

Shares of LCTU stock opened at $54.56 on Friday. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 25.00 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $44.42 and a 52 week high of $57.55. The firm has a 50 day moving average of $56.08 and a 200-day moving average of $52.23.

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.