Captrust Financial Advisors Makes New $242,000 Investment in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Captrust Financial Advisors acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,853 shares of the company’s stock, valued at approximately $242,000.

A number of other hedge funds have also recently bought and sold shares of the company. Continuum Advisory LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 24.2% in the 2nd quarter. Continuum Advisory LLC now owns 3,387 shares of the company’s stock valued at $201,000 after acquiring an additional 660 shares during the period. Goldstein Advisors LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at about $210,000. W.H. Cornerstone Investments Inc. bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at about $224,000. Vertex Planning Partners LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 7.5% in the 3rd quarter. Vertex Planning Partners LLC now owns 3,628 shares of the company’s stock valued at $228,000 after acquiring an additional 254 shares during the period. Finally, Physician Wealth Advisors Inc. bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at about $240,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of BlackRock U.S. Carbon Transition Readiness ETF stock opened at $66.16 on Monday. The stock’s 50-day simple moving average is $64.47 and its 200 day simple moving average is $61.63. BlackRock U.S. Carbon Transition Readiness ETF has a 52-week low of $51.34 and a 52-week high of $66.70. The stock has a market capitalization of $1.40 billion, a P/E ratio of 25.25 and a beta of 1.00.

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.