Sofi Wealth LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Free Report) by 24.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,482 shares of the company’s stock after buying an additional 23,873 shares during the period. BlackRock U.S. Carbon Transition Readiness ETF makes up about 0.4% of Sofi Wealth LLC’s portfolio, making the stock its 20th biggest holding. Sofi Wealth LLC owned about 0.65% of BlackRock U.S. Carbon Transition Readiness ETF worth $8,520,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the company. Camelot Portfolios LLC purchased a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth approximately $30,000. Clean Yield Group bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth $31,000. Commonwealth Retirement Investments LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth $45,000. NBT Bank N A NY raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 894.6% during the first quarter. NBT Bank N A NY now owns 736 shares of the company’s stock valued at $52,000 after purchasing an additional 662 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the second quarter valued at $51,000.
BlackRock U.S. Carbon Transition Readiness ETF Trading Down 0.4%
Shares of NYSEARCA:LCTU opened at $80.87 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a 12 month low of $67.45 and a 12 month high of $81.41. The company has a 50-day moving average price of $79.75 and a 200 day moving average price of $75.94. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02.
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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.
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