Rossby Financial LCC Trims Holdings in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Rossby Financial LCC decreased its holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 18.9% in the 2nd quarter, Holdings Channel reports. The firm owned 2,355 shares of the company’s stock after selling 549 shares during the period. Rossby Financial LCC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in LCTU. Sovran Advisors LLC raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 54.9% in the first quarter. Sovran Advisors LLC now owns 6,196 shares of the company’s stock valued at $354,000 after buying an additional 2,197 shares during the last quarter. Sterling Manor Financial LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 4.5% during the 1st quarter. Sterling Manor Financial LLC now owns 4,198 shares of the company’s stock valued at $254,000 after acquiring an additional 182 shares during the last quarter. World Investment Advisors raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 13.5% during the 1st quarter. World Investment Advisors now owns 26,748 shares of the company’s stock valued at $1,621,000 after acquiring an additional 3,183 shares during the last quarter. Bank of New York Mellon Corp raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 1.8% during the 1st quarter. Bank of New York Mellon Corp now owns 35,320 shares of the company’s stock valued at $2,141,000 after acquiring an additional 629 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 1st quarter valued at approximately $202,000.

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

LCTU opened at $74.96 on Wednesday. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $52.48 and a 52 week high of $75.14. The business has a 50 day moving average price of $71.89 and a two-hundred day moving average price of $67.40. The company has a market cap of $1.43 billion, a PE 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.