BlackRock U.S. Carbon Transition Readiness ETF $LCTU Shares Bought by Sofi Wealth LLC

Sofi Wealth LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 24.1% in the 4th quarter, HoldingsChannel reports. The fund owned 97,609 shares of the company’s stock after acquiring an additional 18,957 shares during the period. BlackRock U.S. Carbon Transition Readiness ETF accounts for about 0.4% of Sofi Wealth LLC’s portfolio, making the stock its 21st biggest holding. Sofi Wealth LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $7,232,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 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. Camelot Portfolios LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at $30,000. Clean Yield Group acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at $31,000. WFA of San Diego LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at $51,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 54.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,140 shares of the company’s stock valued at $83,000 after buying an additional 401 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 0.0%

Shares of BlackRock U.S. Carbon Transition Readiness ETF stock opened at $76.16 on Thursday. The company has a fifty day simple moving average of $73.02 and a 200-day simple moving average of $73.68. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $58.94 and a 12-month high of $76.56. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 25.46 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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.