Park Avenue Securities LLC Sells 27,467 Shares of BlackRock World ex U.S. Carbon Transition Readiness ETF $LCTD

Park Avenue Securities LLC decreased its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,745 shares of the company’s stock after selling 27,467 shares during the quarter. Park Avenue Securities LLC owned about 2.03% of BlackRock World ex U.S. Carbon Transition Readiness ETF worth $4,578,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LCTD. Elevation Point Wealth Partners LLC bought a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 2nd quarter worth approximately $41,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the second quarter valued at approximately $75,000. Raymond James Financial Inc. acquired a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the second quarter worth $76,000. Advisory Services Network LLC acquired a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the third quarter worth $105,000. Finally, Keystone Financial Services bought a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the third quarter worth $202,000.

BlackRock World ex U.S. Carbon Transition Readiness ETF Price Performance

NYSEARCA:LCTD opened at $53.50 on Friday. The stock has a market cap of $220.42 million, a P/E ratio of 17.23 and a beta of 0.82. The company has a fifty day moving average price of $57.38 and a 200 day moving average price of $55.15. BlackRock World ex U.S. Carbon Transition Readiness ETF has a one year low of $41.26 and a one year high of $60.28.

BlackRock World ex U.S. Carbon Transition Readiness ETF Profile

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that is based on the MSCI World ex USA index. The fund is an actively managed fund that targets companies in developed markets outside of the US that are considered to be equipped for a low-carbon economy transition. LCTD was launched on Apr 6, 2021 and is managed by BlackRock.