Navigation Group LLC Invests $993,000 in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Navigation Group LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,154 shares of the company’s stock, valued at approximately $993,000. Navigation Group LLC owned approximately 0.08% of BlackRock U.S. Carbon Transition Readiness ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LCTU. Camelot Portfolios LLC purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth about $30,000. Clean Yield Group acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth about $31,000. Commonwealth Retirement Investments LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at about $45,000. WFA of San Diego LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $51,000. Finally, NBT Bank N A NY increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 894.6% in the 1st quarter. NBT Bank N A NY now owns 736 shares of the company’s stock valued at $52,000 after acquiring an additional 662 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of NYSEARCA LCTU opened at $81.20 on Thursday. The stock’s 50-day simple moving average is $79.69 and its 200-day simple moving average is $75.90. The firm has a market capitalization of $1.50 billion, a PE ratio of 25.46 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $67.29 and a fifty-two week high of $81.41.

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.