Spectrum Planning & Advisory Services Inc. Grows Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Spectrum Planning & Advisory Services Inc. grew its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 69.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,347 shares of the company’s stock after purchasing an additional 3,432 shares during the quarter. BlackRock U.S. Carbon Transition Readiness ETF comprises approximately 0.6% of Spectrum Planning & Advisory Services Inc.’s investment portfolio, making the stock its 29th biggest holding. Spectrum Planning & Advisory Services Inc.’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $437,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 69.1% in the 3rd quarter. BlackRock Inc. now owns 849 shares of the company’s stock valued at $34,000 after purchasing an additional 347 shares during the period. UBS Group AG purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the third quarter worth about $63,000. Oliver Lagore Vanvalin Investment Group boosted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 41.3% during the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,788 shares of the company’s stock worth $84,000 after purchasing an additional 523 shares during the last quarter. AdvisorNet Financial Inc grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 25.9% in the third quarter. AdvisorNet Financial Inc now owns 1,976 shares of the company’s stock valued at $93,000 after purchasing an additional 406 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 37.5% in the third quarter. EverSource Wealth Advisors LLC now owns 2,442 shares of the company’s stock valued at $115,000 after purchasing an additional 666 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of LCTU stock traded up $0.18 on Wednesday, hitting $57.04. 16,857 shares of the stock traded hands, compared to its average volume of 65,266. BlackRock U.S. Carbon Transition Readiness ETF has a twelve month low of $43.50 and a twelve month high of $57.43. The stock has a market capitalization of $1.89 billion, a PE ratio of 18.18 and a beta of 1.02. The firm’s 50-day moving average price is $55.15 and its two-hundred day moving average price is $51.32.

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.