First Horizon Advisors Inc. Buys 4,386 Shares of BlackRock U.S. Carbon Transition Readiness ETF $LCTU

First Horizon Advisors Inc. grew its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 51.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,923 shares of the company’s stock after purchasing an additional 4,386 shares during the period. First Horizon Advisors Inc.’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $869,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC acquired a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the first quarter valued at approximately $42,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the second quarter worth $110,000. IFP Advisors Inc bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter valued at $131,000. Concurrent Investment Advisors LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter valued at $202,000. Finally, Drucker Wealth 3.0 LLC acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter valued at $218,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Down 1.2%

Shares of LCTU stock opened at $72.98 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a twelve month low of $52.48 and a twelve month high of $75.14. The stock’s fifty day simple moving average is $72.43 and its 200 day simple moving average is $68.14. The firm has a market capitalization of $1.39 billion, a P/E ratio of 25.46 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.