California State Teachers Retirement System Lowers Stock Holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD)

California State Teachers Retirement System reduced its position in BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) by 56.7% in the first quarter, Holdings Channel.com reports. The firm owned 1,606,601 shares of the company’s stock after selling 2,100,000 shares during the quarter. California State Teachers Retirement System owned approximately 0.25% of BlackRock World ex U.S. Carbon Transition Readiness ETF worth $73,381,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Mount Yale Investment Advisors LLC purchased a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the first quarter valued at about $224,000. Avantax Advisory Services Inc. boosted its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 12.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 5,989 shares of the company’s stock valued at $274,000 after purchasing an additional 660 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 23.1% in the first quarter. Janney Montgomery Scott LLC now owns 20,049 shares of the company’s stock worth $916,000 after acquiring an additional 3,761 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF by 16.7% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 3,201 shares of the company’s stock worth $146,000 after purchasing an additional 458 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the first quarter worth $376,000.

BlackRock World ex U.S. Carbon Transition Readiness ETF Price Performance

Shares of LCTD stock traded up $0.66 during trading hours on Wednesday, hitting $45.96. The stock had a trading volume of 4,235 shares, compared to its average volume of 9,312. The stock’s 50-day moving average price is $45.61 and its two-hundred day moving average price is $45.01. BlackRock World ex U.S. Carbon Transition Readiness ETF has a one year low of $38.09 and a one year high of $47.08. The stock has a market capitalization of $293.23 million, a price-to-earnings ratio of 15.85 and a beta of 0.80.

About BlackRock World ex U.S. Carbon Transition Readiness ETF

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that is based on the MSCI World ex USA index. The fund is an actively managed fund that targets companies in developed markets outside of the US that are considered to be equipped for a low-carbon economy transition.