Transcend Capital Advisors LLC Sells 2,551 Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Transcend Capital Advisors LLC lessened its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 39.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,898 shares of the company’s stock after selling 2,551 shares during the quarter. Transcend Capital Advisors LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 1.1% during the 4th quarter. Park Avenue Securities LLC now owns 444,144 shares of the company’s stock worth $28,447,000 after acquiring an additional 5,023 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 67.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 119,281 shares of the company’s stock worth $7,484,000 after acquiring an additional 47,989 shares during the last quarter. Assetmark Inc. boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 1.1% during the 3rd quarter. Assetmark Inc. now owns 99,988 shares of the company’s stock worth $6,273,000 after acquiring an additional 1,094 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 35.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 92,816 shares of the company’s stock worth $5,823,000 after acquiring an additional 24,064 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 0.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 87,418 shares of the company’s stock worth $5,599,000 after acquiring an additional 654 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

LCTU opened at $65.59 on Monday. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 27.49 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $54.08 and a 1 year high of $67.15. The firm’s fifty day moving average price is $65.41 and its two-hundred day moving average price is $63.79.

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.