Asempa Wealth Advisors Buys Shares of 11,412 BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Asempa Wealth Advisors acquired a new position 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 SEC. The firm acquired 11,412 shares of the company’s stock, valued at approximately $846,000. Asempa Wealth Advisors owned approximately 0.06% of BlackRock U.S. Carbon Transition Readiness ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Mather Group LLC. acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF in the third quarter worth about $25,000. Kilter Group LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter worth approximately $29,000. WFA of San Diego LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter worth approximately $51,000. Evolution Wealth Management Inc. bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at approximately $56,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 54.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,140 shares of the company’s stock valued at $83,000 after acquiring an additional 401 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 1.6%

LCTU stock opened at $69.86 on Monday. The stock’s 50 day simple moving average is $73.85 and its 200 day simple moving average is $73.49. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $52.48 and a 12-month high of $75.50. The firm has a market cap of $1.35 billion, a P/E ratio of 25.46 and a beta of 1.03.

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