BlackRock U.S. Carbon Transition Readiness ETF $LCTU Position Trimmed by Two West Capital Advisors LLC

Two West Capital Advisors LLC trimmed its holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 86.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,601 shares of the company’s stock after selling 16,315 shares during the quarter. Two West Capital Advisors LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $213,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Tempus Wealth Planning LLC raised its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 1.5% during the third quarter. Tempus Wealth Planning LLC now owns 9,153 shares of the company’s stock worth $748,000 after purchasing an additional 133 shares in the last quarter. Traveka Wealth LLC lifted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 2.1% during the 1st quarter. Traveka Wealth LLC now owns 7,986 shares of the company’s stock worth $560,000 after buying an additional 164 shares during the last quarter. Centurion Wealth Management LLC lifted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 2.8% during the 2nd quarter. Centurion Wealth Management LLC now owns 6,220 shares of the company’s stock worth $499,000 after buying an additional 169 shares during the last quarter. Ehrlich Financial Group lifted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 7.7% during the 2nd quarter. Ehrlich Financial Group now owns 3,244 shares of the company’s stock worth $260,000 after buying an additional 232 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at $25,000.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 0.5%

Shares of BlackRock U.S. Carbon Transition Readiness ETF stock opened at $82.68 on Friday. The company has a fifty day simple moving average of $82.57 and a 200-day simple moving average of $79.79. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $67.95 and a 12-month high of $83.80.

BlackRock U.S. Carbon Transition Readiness ETF Company 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.