First Horizon Advisors Inc. Reduces Stock Holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

First Horizon Advisors Inc. reduced its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 2.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,445 shares of the company’s stock after selling 374 shares during the quarter. First Horizon Advisors Inc. owned approximately 0.06% of BlackRock U.S. Carbon Transition Readiness ETF worth $781,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 197.4% in the first quarter. CreativeOne Wealth LLC now owns 15,001 shares of the company’s stock worth $861,000 after buying an additional 9,957 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 34.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 19,515 shares of the company’s stock valued at $1,120,000 after purchasing an additional 5,021 shares during the period. Citizens Financial Group Inc. RI bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the first quarter valued at approximately $222,000. Cetera Investment Advisers grew its stake in BlackRock U.S. Carbon Transition Readiness ETF by 46.9% in the first quarter. Cetera Investment Advisers now owns 285,757 shares of the company’s stock worth $16,405,000 after purchasing an additional 91,251 shares during the period. Finally, Cetera Advisors LLC raised its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 92.3% in the first quarter. Cetera Advisors LLC now owns 58,145 shares of the company’s stock worth $3,338,000 after purchasing an additional 27,901 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Trading Up 0.8 %

Shares of LCTU stock opened at $64.98 on Friday. The company’s fifty day moving average price is $63.25 and its 200-day moving average price is $60.61. The stock has a market cap of $1.37 billion, a PE ratio of 25.25 and a beta of 1.00. BlackRock U.S. Carbon Transition Readiness ETF has a 12 month low of $49.61 and a 12 month high of $65.60.

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.