BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Shares Sold by Maiden Cove Capital LLC

Maiden Cove Capital LLC lowered its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 13.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,671 shares of the company’s stock after selling 1,975 shares during the period. BlackRock U.S. Carbon Transition Readiness ETF accounts for 1.2% of Maiden Cove Capital LLC’s holdings, making the stock its 26th biggest position. Maiden Cove Capital LLC owned 0.06% of BlackRock U.S. Carbon Transition Readiness ETF worth $812,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in LCTU. PNC Financial Services Group Inc. raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 26.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock worth $112,000 after acquiring an additional 361 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $149,000. Hilltop Holdings Inc. purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the third quarter worth about $200,000. Vertex Planning Partners LLC lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 7.5% during the third quarter. Vertex Planning Partners LLC now owns 3,628 shares of the company’s stock worth $228,000 after purchasing an additional 254 shares during the period. Finally, Captrust Financial Advisors purchased a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the third quarter valued at approximately $242,000.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 2.1 %

LCTU opened at $61.05 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a 12-month low of $54.08 and a 12-month high of $67.15. The firm has a 50 day moving average of $64.78 and a two-hundred day moving average of $64.02. The firm has a market capitalization of $1.17 billion, a PE ratio of 25.57 and a beta of 1.03.

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.