Envestnet Asset Management Inc. Decreases Stake in BlackRock World ex U.S. Carbon Transition Readiness ETF $LCTD

Envestnet Asset Management Inc. lowered its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,199,779 shares of the company’s stock after selling 25,115 shares during the quarter. Envestnet Asset Management Inc. owned 0.26% of BlackRock World ex U.S. Carbon Transition Readiness ETF worth $63,938,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Thrivent Financial for Lutherans bought a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 3rd quarter valued at $1,613,000. AE Wealth Management LLC raised its stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 3.2% during the 3rd quarter. AE Wealth Management LLC now owns 8,419 shares of the company’s stock worth $449,000 after purchasing an additional 263 shares during the period. Sagespring Wealth Partners LLC boosted its holdings in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 11.4% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 5,987 shares of the company’s stock worth $319,000 after buying an additional 611 shares during the last quarter. Park Avenue Securities LLC grew its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 1.9% during the third quarter. Park Avenue Securities LLC now owns 111,212 shares of the company’s stock valued at $5,927,000 after buying an additional 2,065 shares during the period. Finally, Sofi Wealth LLC increased its holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF by 39.3% during the third quarter. Sofi Wealth LLC now owns 18,311 shares of the company’s stock worth $976,000 after buying an additional 5,164 shares during the last quarter.

BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Up 2.2%

LCTD opened at $57.97 on Monday. BlackRock World ex U.S. Carbon Transition Readiness ETF has a twelve month low of $41.26 and a twelve month high of $58.07. The company’s 50-day moving average price is $55.66 and its two-hundred day moving average price is $53.87. The stock has a market cap of $238.84 million, a price-to-earnings ratio of 17.23 and a beta of 0.82.

About BlackRock World ex U.S. Carbon Transition Readiness ETF

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that is based on the MSCI World ex USA index. The fund is an actively managed fund that targets companies in developed markets outside of the US that are considered to be equipped for a low-carbon economy transition. LCTD was launched on Apr 6, 2021 and is managed by BlackRock.