BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 7.3% during the 4th quarter, HoldingsChannel reports. The firm owned 647,020 shares of the company’s stock after buying an additional 43,768 shares during the quarter. JPMorgan Chase & Co.’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $41,442,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 26.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock worth $112,000 after purchasing an additional 361 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $149,000. Hilltop Holdings Inc. bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at about $200,000. Captrust Financial Advisors acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 3rd quarter valued at about $242,000. Finally, Sovran Advisors LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth about $254,000.

BlackRock U.S. Carbon Transition Readiness ETF Trading Down 5.9 %

Shares of NYSEARCA:LCTU opened at $54.82 on Monday. The company has a 50 day moving average of $63.52 and a 200-day moving average of $64.05. The firm has a market cap of $1.05 billion, a P/E ratio of 24.93 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a twelve month low of $54.08 and a twelve month high of $67.15.

BlackRock U.S. Carbon Transition Readiness ETF Company 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.