Cwm LLC Has $20.49 Million Holdings in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Cwm LLC trimmed its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 282,258 shares of the company’s stock after selling 15,684 shares during the quarter. Cwm LLC owned about 1.49% of BlackRock U.S. Carbon Transition Readiness ETF worth $20,486,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of LCTU. Osaic Holdings Inc. grew its position in shares of 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 purchasing an additional 38,503 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 27.1% in the second quarter. Janney Montgomery Scott LLC now owns 111,905 shares of the company’s stock valued at $7,528,000 after buying an additional 23,832 shares during the period. Sofi Wealth LLC grew its position in BlackRock U.S. Carbon Transition Readiness ETF by 67.7% during the second quarter. Sofi Wealth LLC now owns 56,266 shares of the company’s stock worth $3,785,000 after buying an additional 22,723 shares in the last quarter. GeoWealth Management LLC increased its stake in BlackRock U.S. Carbon Transition Readiness ETF by 61.6% during the 2nd quarter. GeoWealth Management LLC now owns 59,403 shares of the company’s stock worth $3,996,000 after acquiring an additional 22,648 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 26,898 shares of the company’s stock valued at $1,630,000 after acquiring an additional 19,561 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

NYSEARCA:LCTU opened at $75.05 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $52.48 and a fifty-two week high of $75.14. The stock has a fifty day moving average price of $73.80 and a 200-day moving average price of $71.03. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 25.46 and a beta of 1.03.

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