Orion Porfolio Solutions LLC Has $3.56 Million Stock Position in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

Orion Porfolio Solutions LLC grew its stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 21.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,980 shares of the company’s stock after purchasing an additional 8,587 shares during the period. Orion Porfolio Solutions LLC owned approximately 0.26% of BlackRock U.S. Carbon Transition Readiness ETF worth $3,555,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in 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 buying an additional 19,561 shares in the last quarter. Jane Street Group LLC acquired a new position in BlackRock U.S. Carbon Transition Readiness ETF during the first quarter worth $797,000. AE Wealth Management LLC raised its stake in BlackRock U.S. Carbon Transition Readiness ETF by 5.7% during the second quarter. AE Wealth Management LLC now owns 4,251 shares of the company’s stock worth $286,000 after acquiring an additional 229 shares in the last quarter. W.H. Cornerstone Investments Inc. lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 8.9% during the second quarter. W.H. Cornerstone Investments Inc. now owns 3,820 shares of the company’s stock valued at $257,000 after acquiring an additional 313 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of BlackRock U.S. Carbon Transition Readiness ETF by 5.1% during the second quarter. Cetera Investment Advisers now owns 303,697 shares of the company’s stock valued at $20,430,000 after acquiring an additional 14,696 shares during the period.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of NYSEARCA:LCTU opened at $72.68 on Monday. The company’s fifty day moving average is $74.43 and its 200-day moving average is $73.38. BlackRock U.S. Carbon Transition Readiness ETF has a 52 week low of $52.48 and a 52 week high of $75.50. The company has a market capitalization of $1.40 billion, a PE ratio of 25.46 and a beta of 1.03.

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.