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

Sugarloaf Wealth Management LLC reduced its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 17.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,780 shares of the company’s stock after selling 977 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $300,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Claro Advisors LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF by 3.9% during the second quarter. Claro Advisors LLC now owns 6,425 shares of the company’s stock worth $382,000 after acquiring an additional 243 shares during the period. Dohj LLC lifted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 2.5% in the 1st quarter. Dohj LLC now owns 14,608 shares of the company’s stock valued at $839,000 after buying an additional 354 shares in the last quarter. Harbour Investments Inc. boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 6.0% in the 2nd quarter. Harbour Investments Inc. now owns 7,801 shares of the company’s stock worth $463,000 after buying an additional 441 shares during the last quarter. Continuum Advisory LLC increased its stake in BlackRock U.S. Carbon Transition Readiness ETF by 24.2% during the 2nd quarter. Continuum Advisory LLC now owns 3,387 shares of the company’s stock worth $201,000 after buying an additional 660 shares in the last quarter. Finally, Buttonwood Financial Group LLC raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 5.8% during the second quarter. Buttonwood Financial Group LLC now owns 12,537 shares of the company’s stock valued at $746,000 after acquiring an additional 691 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of NYSEARCA LCTU traded up $0.42 during mid-day trading on Tuesday, reaching $62.55. The company’s stock had a trading volume of 8,890 shares, compared to its average volume of 56,716. The stock has a market capitalization of $1.32 billion, a P/E ratio of 25.25 and a beta of 1.00. BlackRock U.S. Carbon Transition Readiness ETF has a 1-year low of $44.82 and a 1-year high of $62.83. The stock has a 50-day moving average of $60.64 and a two-hundred day moving average of $58.86.

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.