NorthRock Partners LLC Takes Position in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

NorthRock Partners LLC purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 336,225 shares of the company’s stock, valued at approximately $26,952,000. NorthRock Partners LLC owned approximately 2.23% of BlackRock U.S. Carbon Transition Readiness ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Integrated Wealth Concepts LLC grew its stake in BlackRock U.S. Carbon Transition Readiness ETF by 150.7% in the second quarter. Integrated Wealth Concepts LLC now owns 152,671 shares of the company’s stock valued at $12,238,000 after purchasing an additional 91,770 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 32.8% during the second quarter. NewEdge Advisors LLC now owns 53,797 shares of the company’s stock valued at $4,312,000 after buying an additional 13,290 shares during the last quarter. Waverly Advisors LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $7,359,000. Range Advisory LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $211,000. Finally, Advisory Solutions Group LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter worth approximately $7,638,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Down 0.7%

Shares of BlackRock U.S. Carbon Transition Readiness ETF stock opened at $82.43 on Wednesday. The company has a market cap of $1.24 billion, a P/E ratio of 25.46 and a beta of 1.02. The firm’s 50 day moving average price is $81.61 and its 200-day moving average price is $77.90. BlackRock U.S. Carbon Transition Readiness ETF has a 52-week low of $67.95 and a 52-week high of $83.80.

About BlackRock U.S. Carbon Transition Readiness ETF

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.