Braun Bostich & Associates Inc. Cuts Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Braun Bostich & Associates Inc. lowered its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 3.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,077 shares of the company’s stock after selling 242 shares during the quarter. Braun Bostich & Associates Inc.’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $368,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC increased its stake in BlackRock U.S. Carbon Transition Readiness ETF by 77.1% during the 4th quarter. LPL Financial LLC now owns 907,094 shares of the company’s stock worth $58,099,000 after buying an additional 394,792 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 647,020 shares of the company’s stock worth $41,442,000 after purchasing an additional 43,768 shares in the last quarter. Park Avenue Securities LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 0.4% in the 1st quarter. Park Avenue Securities LLC now owns 445,952 shares of the company’s stock valued at $27,027,000 after purchasing an additional 1,808 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 2.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 121,813 shares of the company’s stock valued at $7,954,000 after purchasing an additional 2,532 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 13.1% during the 4th quarter. Assetmark Inc. now owns 113,092 shares of the company’s stock worth $7,244,000 after purchasing an additional 13,104 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Down 0.2%

BlackRock U.S. Carbon Transition Readiness ETF stock opened at $65.46 on Thursday. The company has a fifty day simple moving average of $61.14 and a 200-day simple moving average of $63.24. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 24.91 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a 52-week low of $52.48 and a 52-week high of $67.15.

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.