JB Capital LLC Boosts Stake in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU)

JB Capital LLC raised its position in BlackRock U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTU) by 24.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,939 shares of the company’s stock after purchasing an additional 1,376 shares during the quarter. JB Capital LLC’s holdings in BlackRock U.S. Carbon Transition Readiness ETF were worth $444,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LCTU. MassMutual Private Wealth & Trust FSB bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 4th quarter worth about $149,000. Hilltop Holdings Inc. bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth about $200,000. W.H. Cornerstone Investments Inc. bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth about $224,000. Vertex Planning Partners LLC grew its stake in BlackRock U.S. Carbon Transition Readiness ETF by 7.5% in the 3rd quarter. Vertex Planning Partners LLC now owns 3,628 shares of the company’s stock worth $228,000 after acquiring an additional 254 shares in the last quarter. Finally, Physician Wealth Advisors Inc. bought a new position in BlackRock U.S. Carbon Transition Readiness ETF in the 3rd quarter worth about $240,000.

BlackRock U.S. Carbon Transition Readiness ETF Price Performance

Shares of LCTU stock opened at $65.36 on Tuesday. The company has a market capitalization of $1.38 billion, a P/E ratio of 25.25 and a beta of 1.00. The company’s 50-day simple moving average is $65.34 and its two-hundred day simple moving average is $63.04. BlackRock U.S. Carbon Transition Readiness ETF has a one year low of $53.80 and a one year high of $66.79.

About BlackRock U.S. Carbon Transition Readiness ETF

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.