Park Avenue Securities LLC Has $4.58 Million Stake in BlackRock World ex U.S. Carbon Transition Readiness ETF $LCTD

Park Avenue Securities LLC reduced its position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) by 24.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 83,745 shares of the company’s stock after selling 27,467 shares during the quarter. Park Avenue Securities LLC’s holdings in BlackRock World ex U.S. Carbon Transition Readiness ETF were worth $4,578,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Elevation Point Wealth Partners LLC acquired a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 2nd quarter valued at approximately $41,000. Twin Peaks Wealth Advisors LLC acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 2nd quarter worth approximately $75,000. Raymond James Financial Inc. acquired a new position in BlackRock World ex U.S. Carbon Transition Readiness ETF during the 2nd quarter worth approximately $76,000. Advisory Services Network LLC bought a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the 3rd quarter worth approximately $105,000. Finally, Maia Wealth LLC bought a new position in shares of BlackRock World ex U.S. Carbon Transition Readiness ETF during the 2nd quarter worth approximately $201,000.

BlackRock World ex U.S. Carbon Transition Readiness ETF Stock Down 2.7%

Shares of LCTD stock opened at $53.50 on Friday. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 12 month low of $41.26 and a 12 month high of $60.28. The company’s fifty day simple moving average is $57.38 and its 200-day simple moving average is $55.15. The firm has a market cap of $220.42 million, a PE ratio of 17.23 and a beta of 0.82.

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.