Gateway Wealth Partners LLC Has $2.09 Million Holdings in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Gateway Wealth Partners LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 204.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,847 shares of the company’s stock after buying an additional 20,030 shares during the quarter. Gateway Wealth Partners LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $2,093,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Merit Financial Group LLC lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 30.5% in the fourth quarter. Merit Financial Group LLC now owns 44,223 shares of the company’s stock worth $3,277,000 after acquiring an additional 10,348 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 349.9% in the 4th quarter. Concurrent Investment Advisors LLC now owns 20,388 shares of the company’s stock valued at $1,511,000 after purchasing an additional 15,856 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 50,423.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 575,968 shares of the company’s stock valued at $42,674,000 after purchasing an additional 574,828 shares during the last quarter. Sofi Wealth LLC grew its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 24.1% during the 4th quarter. Sofi Wealth LLC now owns 97,609 shares of the company’s stock valued at $7,232,000 after purchasing an additional 18,957 shares during the last quarter. Finally, Navigation Group LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 1st quarter worth approximately $993,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of NYSEARCA:LCTU opened at $79.59 on Tuesday. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02. The firm has a 50 day simple moving average of $79.89 and a 200 day simple moving average of $76.20. BlackRock U.S. Carbon Transition Readiness ETF has a one year low of $67.45 and a one year high of $81.41.

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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.