Thrivent Financial for Lutherans Buys 2,532 Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Thrivent Financial for Lutherans boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 2.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 121,813 shares of the company’s stock after buying an additional 2,532 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.58% of BlackRock U.S. Carbon Transition Readiness ETF worth $7,954,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.1% during the fourth quarter. Park Avenue Securities LLC now owns 444,144 shares of the company’s stock valued at $28,447,000 after acquiring an additional 5,023 shares during the period. Assetmark Inc. raised its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 13.1% during the 4th quarter. Assetmark Inc. now owns 113,092 shares of the company’s stock worth $7,244,000 after purchasing an additional 13,104 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in BlackRock U.S. Carbon Transition Readiness ETF by 35.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 92,816 shares of the company’s stock valued at $5,823,000 after purchasing an additional 24,064 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 0.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 87,418 shares of the company’s stock valued at $5,599,000 after purchasing an additional 654 shares during the last quarter. Finally, Horst & Graben Wealth Management LLC boosted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.4% in the 4th quarter. Horst & Graben Wealth Management LLC now owns 80,674 shares of the company’s stock valued at $5,167,000 after purchasing an additional 1,143 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

LCTU opened at $61.28 on Monday. The firm has a 50 day simple moving average of $64.47 and a 200 day simple moving average of $64.06. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $54.08 and a fifty-two week high of $67.15. The company has a market cap of $1.17 billion, a price-to-earnings 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.