Janney Montgomery Scott LLC Has $5.60 Million Stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 87,418 shares of the company’s stock after buying an additional 654 shares during the quarter. Janney Montgomery Scott LLC owned about 0.41% of BlackRock U.S. Carbon Transition Readiness ETF worth $5,599,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter valued at about $149,000. Merit Financial Group LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter worth about $262,000. Park Avenue Securities LLC raised its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 1.1% in the fourth quarter. Park Avenue Securities LLC now owns 444,144 shares of the company’s stock valued at $28,447,000 after acquiring an additional 5,023 shares during the last quarter. Sovereign Financial Group Inc. bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter valued at approximately $378,000. Finally, One Wealth Capital Management LLC bought a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter valued at approximately $1,188,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of BlackRock U.S. Carbon Transition Readiness ETF stock opened at $65.81 on Thursday. The firm has a market cap of $1.39 billion, a P/E ratio of 25.25 and a beta of 1.00. The firm has a 50 day simple moving average of $65.30 and a 200 day simple moving average of $62.93. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $53.06 and a fifty-two week high of $66.70.

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.