Cerity Partners LLC Has $2.25 Million Stock Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Cerity Partners LLC lessened its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 13.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 37,150 shares of the company’s stock after selling 5,535 shares during the period. Cerity Partners LLC owned approximately 0.20% of BlackRock U.S. Carbon Transition Readiness ETF worth $2,252,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF in the first quarter worth $202,000. Janney Montgomery Scott LLC raised its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 0.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 88,073 shares of the company’s stock valued at $5,338,000 after purchasing an additional 655 shares during the period. Raymond James Financial Inc. purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter worth about $512,000. Wealth Enhancement Advisory Services LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter worth about $334,000. Finally, Commonwealth Equity Services LLC grew its position in BlackRock U.S. Carbon Transition Readiness ETF by 8.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 48,930 shares of the company’s stock worth $3,134,000 after buying an additional 3,791 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 0.1%

LCTU opened at $68.15 on Friday. The stock has a 50-day moving average price of $65.58 and a 200-day moving average price of $63.45. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $52.48 and a 12-month high of $68.37. The stock has a market capitalization of $1.29 billion, a P/E ratio of 25.46 and a beta of 1.02.

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.