ORG Partners LLC Raises Stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

ORG Partners LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 53.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,535 shares of the company’s stock after buying an additional 532 shares during the quarter. ORG Partners LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $80,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at about $70,524,000. JPMorgan Chase & Co. acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter valued at about $12,670,000. Envestnet Asset Management Inc. raised its position in BlackRock U.S. Carbon Transition Readiness ETF by 5.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,733,316 shares of the company’s stock valued at $222,845,000 after purchasing an additional 235,028 shares in the last quarter. CWM LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF by 45.8% in the 3rd quarter. CWM LLC now owns 706,554 shares of the company’s stock valued at $33,265,000 after purchasing an additional 221,945 shares in the last quarter. Finally, LPL Financial LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF by 546.5% in the 3rd quarter. LPL Financial LLC now owns 240,472 shares of the company’s stock valued at $11,321,000 after purchasing an additional 203,276 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of NYSEARCA LCTU opened at $55.28 on Tuesday. The stock’s 50-day simple moving average is $56.07 and its 200-day simple moving average is $52.14. The firm has a market capitalization of $1.38 billion, a PE ratio of 25.00 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $44.42 and a fifty-two week high of $57.55.

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.