BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Shares Sold by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lowered its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 21.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,988 shares of the company’s stock after selling 1,367 shares during the period. Gateway Wealth Partners LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $319,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of LCTU. NewEdge Advisors LLC increased its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 100.8% in the second quarter. NewEdge Advisors LLC now owns 19,995 shares of the company’s stock valued at $1,188,000 after buying an additional 10,038 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $4,262,000. Physician Wealth Advisors Inc. acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth about $240,000. Claro Advisors LLC raised its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 59.9% in the 3rd quarter. Claro Advisors LLC now owns 10,273 shares of the company’s stock worth $645,000 after purchasing an additional 3,848 shares during the period. Finally, Trilogy Capital Inc. purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF during the third quarter worth approximately $294,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

BlackRock U.S. Carbon Transition Readiness ETF stock opened at $65.81 on Thursday. The stock has a market capitalization of $1.39 billion, a PE ratio of 25.25 and a beta of 1.00. The business has a 50 day simple moving average of $65.30 and a 200-day simple moving average of $62.93. BlackRock U.S. Carbon Transition Readiness ETF has a 12 month low of $53.06 and a 12 month high of $66.70.

About BlackRock U.S. Carbon Transition Readiness ETF

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.