One Wealth Advisors LLC Has $10.52 Million Holdings in BlackRock U.S. Carbon Transition Readiness ETF $LCTU

One Wealth Advisors LLC lessened its holdings in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 5.4% during the fourth quarter, HoldingsChannel reports. The fund owned 141,954 shares of the company’s stock after selling 8,092 shares during the quarter. BlackRock U.S. Carbon Transition Readiness ETF accounts for about 1.3% of One Wealth Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. One Wealth Advisors LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $10,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth about $25,000. Camelot Portfolios LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter worth about $30,000. Clean Yield Group bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter worth about $31,000. WFA of San Diego LLC bought a new stake in BlackRock U.S. Carbon Transition Readiness ETF in the 2nd quarter worth about $51,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in BlackRock U.S. Carbon Transition Readiness ETF by 54.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,140 shares of the company’s stock worth $83,000 after purchasing an additional 401 shares in the last quarter.

BlackRock U.S. Carbon Transition Readiness ETF Stock Performance

Shares of LCTU stock opened at $77.03 on Friday. BlackRock U.S. Carbon Transition Readiness ETF has a 52-week low of $60.43 and a 52-week high of $77.42. The company has a 50-day simple moving average of $73.08 and a two-hundred day simple moving average of $73.71. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02.

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.