Principal Securities Inc. Makes New Investment in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Principal Securities Inc. purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 711 shares of the company’s stock, valued at approximately $37,000.

A number of other large investors have also made changes to their positions in the stock. Concourse Financial Group Securities Inc. grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 373.0% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 12,161 shares of the company’s stock valued at $637,000 after purchasing an additional 9,590 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter valued at approximately $429,000. Spire Wealth Management grew its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 86.5% in the fourth quarter. Spire Wealth Management now owns 7,473 shares of the company’s stock valued at $397,000 after purchasing an additional 3,466 shares in the last quarter. Axxcess Wealth Management LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter valued at approximately $201,000. Finally, U.S. Capital Wealth Advisors LLC lifted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 30.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 6,860 shares of the company’s stock valued at $359,000 after acquiring an additional 1,614 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

LCTU opened at $57.78 on Monday. BlackRock U.S. Carbon Transition Readiness ETF has a one year low of $44.82 and a one year high of $58.04. The stock has a market capitalization of $1.22 billion, a PE ratio of 25.25 and a beta of 1.00. The business’s 50 day moving average price is $56.46 and its 200 day moving average price is $54.05.

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.