Townsquare Capital LLC Sells 1,038 Shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

Townsquare Capital LLC reduced its position in shares of BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,517 shares of the company’s stock after selling 1,038 shares during the period. Townsquare Capital LLC owned approximately 0.10% of BlackRock U.S. Carbon Transition Readiness ETF worth $1,350,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LCTU. Commonwealth Equity Services LLC raised its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 45.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 47,865 shares of the company’s stock worth $2,844,000 after buying an additional 14,918 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of 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 acquiring an additional 91,251 shares during the last quarter. Continuum Advisory LLC lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 24.2% in the second quarter. Continuum Advisory LLC now owns 3,387 shares of the company’s stock worth $201,000 after acquiring an additional 660 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter valued at approximately $250,000. Finally, CoreCap Advisors LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter worth approximately $517,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of NYSEARCA:LCTU opened at $65.88 on Monday. The firm has a 50 day simple moving average of $63.71 and a 200 day simple moving average of $61.00. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 25.25 and a beta of 1.00. BlackRock U.S. Carbon Transition Readiness ETF has a one year low of $49.69 and a one year high of $65.98.

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.