Maiden Cove Capital LLC Lowers Holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Maiden Cove Capital LLC reduced its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 13.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,671 shares of the company’s stock after selling 1,975 shares during the quarter. BlackRock U.S. Carbon Transition Readiness ETF accounts for 1.2% of Maiden Cove Capital LLC’s holdings, making the stock its 26th largest position. Maiden Cove Capital LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $812,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Merit Financial Group LLC acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter worth approximately $262,000. HighTower Advisors LLC boosted its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 3.2% during the third quarter. HighTower Advisors LLC now owns 25,870 shares of the company’s stock worth $1,623,000 after buying an additional 797 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in BlackRock U.S. Carbon Transition Readiness ETF by 6.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 9,375 shares of the company’s stock valued at $600,000 after buying an additional 600 shares during the period. Captrust Financial Advisors purchased a new position in BlackRock U.S. Carbon Transition Readiness ETF in the third quarter valued at $242,000. Finally, Wealthgarden F.S. LLC acquired a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter worth about $667,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Up 2.1 %

NYSEARCA:LCTU opened at $61.05 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $54.08 and a 52 week high of $67.15. The stock’s 50-day moving average price is $64.78 and its 200-day moving average price is $64.02. The stock has a market capitalization of $1.17 billion, a PE ratio of 25.57 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.