Snowden Capital Advisors LLC Has $1.48 Million Stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Snowden Capital Advisors LLC grew its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 4.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 23,167 shares of the company’s stock after buying an additional 1,085 shares during the period. Snowden Capital Advisors LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $1,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of LCTU. Merit Financial Group LLC acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter worth $262,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $149,000. Janney Montgomery Scott LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 0.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 87,418 shares of the company’s stock valued at $5,599,000 after acquiring an additional 654 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $286,000. Finally, RFG Advisory LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 58.3% during the 4th quarter. RFG Advisory LLC now owns 22,832 shares of the company’s stock valued at $1,462,000 after acquiring an additional 8,408 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of BlackRock U.S. Carbon Transition Readiness ETF stock opened at $64.57 on Monday. The firm’s 50-day simple moving average is $59.82 and its 200-day simple moving average is $63.23. BlackRock U.S. Carbon Transition Readiness ETF has a twelve month low of $52.48 and a twelve month high of $67.15. The firm has a market cap of $1.23 billion, a P/E ratio of 24.64 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.