Nwam LLC Acquires New Shares in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Nwam LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,658 shares of the company’s stock, valued at approximately $694,000. Nwam LLC owned 0.06% of BlackRock U.S. Carbon Transition Readiness ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its stake in shares of BlackRock U.S. Carbon Transition Readiness ETF by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 26,898 shares of the company’s stock valued at $1,630,000 after acquiring an additional 19,561 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of BlackRock U.S. Carbon Transition Readiness ETF in the 1st quarter valued at approximately $797,000. First Trust Advisors LP bought a new position in BlackRock U.S. Carbon Transition Readiness ETF during the 2nd quarter worth approximately $217,000. Raymond James Financial Inc. boosted its stake in BlackRock U.S. Carbon Transition Readiness ETF by 27.9% during the 2nd quarter. Raymond James Financial Inc. now owns 9,040 shares of the company’s stock worth $608,000 after acquiring an additional 1,972 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its holdings in BlackRock U.S. Carbon Transition Readiness ETF by 26.9% during the second quarter. Orion Porfolio Solutions LLC now owns 40,393 shares of the company’s stock valued at $2,717,000 after purchasing an additional 8,562 shares during the period.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of NYSEARCA:LCTU opened at $82.44 on Thursday. The company has a 50 day moving average price of $81.32 and a two-hundred day moving average price of $77.64. The company has a market capitalization of $1.24 billion, a PE ratio of 25.46 and a beta of 1.02. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $67.95 and a 52 week high of $83.80.

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. LCTU was launched on Apr 6, 2021 and is managed by BlackRock.