Farther Finance Advisors LLC Buys 1,289 Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Farther Finance Advisors LLC lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 10.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,410 shares of the company’s stock after purchasing an additional 1,289 shares during the quarter. Farther Finance Advisors LLC owned 0.06% of BlackRock U.S. Carbon Transition Readiness ETF worth $859,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 26.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock valued at $112,000 after purchasing an additional 361 shares during the period. MassMutual Private Wealth & Trust FSB bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at $149,000. Hilltop Holdings Inc. bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 3rd quarter valued at $200,000. Vertex Planning Partners LLC raised its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 7.5% during the 3rd quarter. Vertex Planning Partners LLC now owns 3,628 shares of the company’s stock valued at $228,000 after purchasing an additional 254 shares during the period. Finally, Captrust Financial Advisors bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 3rd quarter valued at $242,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

NYSEARCA:LCTU opened at $61.05 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a 52-week low of $54.08 and a 52-week high of $67.15. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 25.57 and a beta of 1.03. The business’s fifty day moving average is $64.78 and its 200 day moving average is $64.02.

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.