OneDigital Investment Advisors LLC Cuts Holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

OneDigital Investment Advisors LLC decreased its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 7.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,032 shares of the company’s stock after selling 6,603 shares during the period. OneDigital Investment Advisors LLC owned about 0.37% of BlackRock U.S. Carbon Transition Readiness ETF worth $5,062,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in LCTU. Merit Financial Group LLC bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the fourth quarter valued at $262,000. Raymond James Financial Inc. purchased a new position in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 4th quarter valued at about $512,000. Commonwealth Equity Services LLC boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 8.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 48,930 shares of the company’s stock worth $3,134,000 after buying an additional 3,791 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 26.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,748 shares of the company’s stock worth $112,000 after buying an additional 361 shares in the last quarter. Finally, 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 acquiring an additional 600 shares during the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of LCTU opened at $57.16 on Wednesday. BlackRock U.S. Carbon Transition Readiness ETF has a fifty-two week low of $52.48 and a fifty-two week high of $67.15. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 23.58 and a beta of 1.03. The firm has a 50 day moving average price of $60.94 and a 200-day moving average price of $63.48.

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.