Sovereign Financial Group Inc. Has $294,000 Stock Holdings in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Sovereign Financial Group Inc. lessened its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 30.6% during the 2nd quarter, Holdings Channel reports. The firm owned 4,367 shares of the company’s stock after selling 1,928 shares during the quarter. Sovereign Financial Group Inc.’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $294,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Concurrent Investment Advisors LLC boosted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 29.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,305 shares of the company’s stock valued at $290,000 after purchasing an additional 978 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 6.1% in the second quarter. Apollon Wealth Management LLC now owns 4,772 shares of the company’s stock valued at $321,000 after buying an additional 274 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the second quarter valued at about $218,000. JB Capital LLC raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 13.6% in the second quarter. JB Capital LLC now owns 7,283 shares of the company’s stock valued at $490,000 after buying an additional 873 shares during the last quarter. Finally, Endeavor Private Wealth Inc. raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 4.0% in the second quarter. Endeavor Private Wealth Inc. now owns 4,712 shares of the company’s stock valued at $317,000 after buying an additional 183 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Down 2.6%

BlackRock U.S. Carbon Transition Readiness ETF stock opened at $71.13 on Monday. The stock has a 50-day simple moving average of $71.02 and a 200 day simple moving average of $66.11. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $52.48 and a 12-month high of $73.39. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02.

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.