Envestnet Asset Management Inc. Sells 4,654 Shares of BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Envestnet Asset Management Inc. lowered its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 0.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,858,967 shares of the company’s stock after selling 4,654 shares during the period. Envestnet Asset Management Inc. owned approximately 0.26% of BlackRock U.S. Carbon Transition Readiness ETF worth $326,872,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 6.1% during the first quarter. LPL Financial LLC now owns 962,677 shares of the company’s stock valued at $58,343,000 after acquiring an additional 55,583 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 2.0% during the second quarter. Park Avenue Securities LLC now owns 455,019 shares of the company’s stock valued at $30,610,000 after acquiring an additional 9,067 shares in the last quarter. Cetera Investment Advisers boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 13.0% in the first quarter. Cetera Investment Advisers now owns 289,001 shares of the company’s stock worth $17,515,000 after purchasing an additional 33,338 shares during the last quarter. Assetmark Inc. boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 0.6% in the first quarter. Assetmark Inc. now owns 113,728 shares of the company’s stock worth $6,892,000 after purchasing an additional 636 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 27.1% in the second quarter. Janney Montgomery Scott LLC now owns 111,905 shares of the company’s stock worth $7,528,000 after purchasing an additional 23,832 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 0.7%

Shares of LCTU stock opened at $73.97 on Monday. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $52.48 and a 12-month high of $74.13. The firm’s 50 day moving average is $71.69 and its 200 day moving average is $67.16. The stock has a market capitalization of $1.41 billion, a P/E 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.