Thrivent Financial for Lutherans Acquires 7,717 Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Thrivent Financial for Lutherans raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU – Get Rating) by 47.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,951 shares of the company’s stock after buying an additional 7,717 shares during the quarter. Thrivent Financial for Lutherans owned about 0.07% of BlackRock U.S. Carbon Transition Readiness ETF worth $1,019,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in LCTU. Parallel Advisors LLC lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1,021.5% during the 4th quarter. Parallel Advisors LLC now owns 729 shares of the company’s stock worth $31,000 after acquiring an additional 664 shares during the last quarter. WFA of San Diego LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter worth about $32,000. BlackRock Inc. increased its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 69.1% during 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 last quarter. Baystate Wealth Management LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $46,000. Finally, UBS Group AG bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth approximately $63,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of LCTU opened at $45.55 on Wednesday. The firm has a market cap of $1.42 billion, a P/E ratio of 18.18 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 1 year low of $39.18 and a 1 year high of $48.17. The stock has a 50 day simple moving average of $44.94 and a two-hundred day simple moving average of $44.36.

About BlackRock U.S. Carbon Transition Readiness ETF

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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.