Envestnet Portfolio Solutions Inc. Sells 69,140 Shares of BlackRock World ex U.S. Carbon Transition Readiness ETF $LCTD

Envestnet Portfolio Solutions Inc. decreased its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) by 28.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 173,113 shares of the company’s stock after selling 69,140 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF were worth $9,462,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans bought a new stake in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF in the third quarter valued at approximately $1,613,000. JPMorgan Chase & Co. raised its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 22.4% in the third quarter. JPMorgan Chase & Co. now owns 162,987 shares of the company’s stock valued at $8,686,000 after purchasing an additional 29,781 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF by 1,211,908.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,508,857 shares of the company’s stock valued at $137,134,000 after purchasing an additional 2,508,650 shares during the period. Keystone Financial Services purchased a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the third quarter valued at approximately $202,000. Finally, Assetmark Inc. grew its stake in BlackRock World ex U.S. Carbon Transition Readiness ETF by 5.7% during the third quarter. Assetmark Inc. now owns 32,127 shares of the company’s stock valued at $1,712,000 after acquiring an additional 1,720 shares in the last quarter.

BlackRock World ex U.S. Carbon Transition Readiness ETF Trading Up 1.4%

Shares of NYSEARCA:LCTD opened at $58.06 on Thursday. The company has a 50 day moving average of $56.93 and a 200 day moving average of $56.26. The stock has a market cap of $239.21 million, a P/E ratio of 17.23 and a beta of 0.80. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 12 month low of $48.94 and a 12 month high of $60.28.

BlackRock World ex U.S. Carbon Transition Readiness ETF Company Profile

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.