BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) Position Reduced by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. trimmed its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 25.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,494 shares of the company’s stock after selling 5,021 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $759,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. MA Private Wealth raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 371.4% during the fourth quarter. MA Private Wealth now owns 30,117 shares of the company’s stock worth $1,576,000 after purchasing an additional 23,728 shares during the period. Transcend Capital Advisors LLC raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 12.4% during the fourth quarter. Transcend Capital Advisors LLC now owns 6,994 shares of the company’s stock worth $366,000 after purchasing an additional 773 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 24.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,866,249 shares of the company’s stock worth $97,679,000 after purchasing an additional 368,286 shares during the period. Capital Analysts LLC raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 22.8% during the fourth quarter. Capital Analysts LLC now owns 5,099 shares of the company’s stock worth $267,000 after purchasing an additional 948 shares during the period. Finally, CFS Investment Advisory Services LLC acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the fourth quarter worth $252,000.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of NYSEARCA:LCTU opened at $59.30 on Friday. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 25.25 and a beta of 1.00. BlackRock U.S. Carbon Transition Readiness ETF has a 1-year low of $44.82 and a 1-year high of $59.70. The company’s fifty day moving average is $56.99 and its two-hundred day moving average is $55.17.

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.