Patriot Financial Group Insurance Agency LLC Raises Stock Position in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 92.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,296 shares of the company’s stock after purchasing an additional 7,366 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $1,073,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Camelot Portfolios LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter valued at approximately $30,000. Clean Yield Group purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth approximately $31,000. Commonwealth Retirement Investments LLC acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth approximately $45,000. WFA of San Diego LLC acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter worth approximately $51,000. Finally, Arax Advisory Partners acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth approximately $58,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Up 1.1%

Shares of LCTU stock opened at $79.58 on Tuesday. The firm has a 50 day moving average of $78.71 and a two-hundred day moving average of $75.37. The stock has a market capitalization of $1.49 billion, a PE ratio of 25.46 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $66.97 and a 52 week high of $81.26.

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.