Lifelong Wealth Advisors Inc. Takes Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Lifelong Wealth Advisors Inc. bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,525 shares of the company’s stock, valued at approximately $610,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LCTU. Merit Financial Group LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter worth approximately $262,000. Raymond James Financial Inc. purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth $512,000. Commonwealth Equity Services LLC increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 8.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 48,930 shares of the company’s stock worth $3,134,000 after purchasing an additional 3,791 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 26.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock valued at $112,000 after purchasing an additional 361 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 6.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 9,375 shares of the company’s stock worth $600,000 after purchasing an additional 600 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of NYSEARCA:LCTU opened at $58.20 on Wednesday. The business’s 50-day moving average is $61.87 and its 200 day moving average is $63.67. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $52.48 and a 1 year high of $67.15. The firm has a market capitalization of $1.11 billion, a P/E ratio of 23.58 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.