O Shaughnessy Asset Management LLC Purchases New Position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

O Shaughnessy Asset Management LLC acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 20,790 shares of the company’s stock, valued at approximately $1,332,000. O Shaughnessy Asset Management LLC owned approximately 0.10% of BlackRock U.S. Carbon Transition Readiness ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of BlackRock U.S. Carbon Transition Readiness ETF by 77.1% during the fourth quarter. LPL Financial LLC now owns 907,094 shares of the company’s stock valued at $58,099,000 after buying an additional 394,792 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 7.3% during the 4th quarter. JPMorgan Chase & Co. now owns 647,020 shares of the company’s stock valued at $41,442,000 after acquiring an additional 43,768 shares during the last quarter. One Wealth Capital Management LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth approximately $1,188,000. Oregon Pacific Wealth Management LLC purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter valued at approximately $864,000. Finally, Assetmark Inc. lifted its position in BlackRock U.S. Carbon Transition Readiness ETF by 13.1% during the fourth quarter. Assetmark Inc. now owns 113,092 shares of the company’s stock valued at $7,244,000 after purchasing an additional 13,104 shares during the period.

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

NYSEARCA:LCTU opened at $54.82 on Friday. The company has a market cap of $1.05 billion, a PE ratio of 24.93 and a beta of 1.03. BlackRock U.S. Carbon Transition Readiness ETF has a 12 month low of $54.08 and a 12 month high of $67.15. The company has a 50 day simple moving average of $63.52 and a two-hundred day simple moving average of $64.03.

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.