Wealth Enhancement Advisory Services LLC Takes $334,000 Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Wealth Enhancement Advisory Services LLC purchased a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,208 shares of the company’s stock, valued at approximately $334,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LCTU. Raymond James Financial Inc. acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth about $512,000. Commonwealth Equity Services LLC lifted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 8.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 48,930 shares of the company’s stock valued at $3,134,000 after acquiring an additional 3,791 shares during the period. PNC Financial Services Group Inc. lifted its position in BlackRock U.S. Carbon Transition Readiness ETF by 26.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock worth $112,000 after purchasing an additional 361 shares during the period. Kestra Private Wealth Services LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF by 6.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 9,375 shares of the company’s stock valued at $600,000 after purchasing an additional 600 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 15.5% in the fourth quarter. HighTower Advisors LLC now owns 29,872 shares of the company’s stock valued at $1,913,000 after buying an additional 4,002 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 1.2%

Shares of BlackRock U.S. Carbon Transition Readiness ETF stock opened at $64.78 on Friday. The firm has a market capitalization of $1.24 billion, a PE ratio of 24.91 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $52.48 and a 1 year high of $67.15. The firm’s 50 day moving average is $61.58 and its 200 day moving average is $63.22.

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.