Diversify Advisory Services LLC Decreases Stake in BlackRock World ex U.S. Carbon Transition Readiness ETF

On November 1st, 2024, it was reported that Diversify Advisory Services LLC has reduced its position in the BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) by 9.0% during the third quarter of the year. After selling 769 shares of the ETF, the fund now holds a total of 7,743 shares. As of their latest filing with the Securities and Exchange Commission, Diversify Advisory Services' investment in this ETF is valued at approximately $363,000.

Additionally, several other investment firms have also made adjustments to their holdings in the BlackRock World ex U.S. Carbon Transition Readiness ETF. For instance, International Assets Investment Management LLC purchased a new stake in the ETF during the third quarter, acquiring shares valued at roughly $118,180,000. Meanwhile, Williams Financial LLC also acquired a new position during the second quarter worth about $1,945,000.

CWM LLC strengthened its investment by increasing its stake in the ETF by 53.4% in the most recent quarter. CWM now owns 92,567 shares worth approximately $4,503,000 after buying an extra 32,213 shares. Likewise, Cetera Investment Advisers raised its investment during the first quarter, acquiring an additional 20,234 shares, now owning a total of 62,871 shares valued at $2,872,000. Sanctuary Advisors LLC further added to the list by securing a new position valued at around $693,000 in the second quarter.

Market Overview of BlackRock World ex U.S. Carbon Transition Readiness ETF

As of the last trading session, the BlackRock World ex U.S. Carbon Transition Readiness ETF opened at $45.83. The ETF’s 50-day moving average stands at $47.38, while its 200-day moving average is $46.11. Over the past year, the ETF has recorded a low of $38.46 and a high of $50.97. The market capitalization of the ETF is currently at $292.39 million, with a price-to-earnings ratio of 15.85 and a beta of 0.80, indicating its volatility compared to the broader market.

About BlackRock World ex U.S. Carbon Transition Readiness ETF

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an actively managed exchange-traded fund that is benchmarked against the MSCI World Ex USA Index. This ETF focuses on companies in developed markets outside of the United States that are seen as well-positioned to navigate and benefit from the transition to a low-carbon economy.

ETF, Investment, Stake