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Financial firm cuts investment in low-carbon ETF, while another buys in, as the fund sees a 7.4% rise.
Financial firm Maiden Cove Capital LLC reduced its holdings in the BlackRock U.S.
Carbon Transition Readiness ETF (LCTU) by 13.5% in the fourth quarter, while Valtinson Bruner Financial Planning LLC increased its investment by purchasing 5,458 shares worth about $350,000.
The ETF, which focuses on US firms with lower carbon emissions, saw a 7.4% rise in the same period.
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La empresa financiera reduce la inversión en ETF con bajas emisiones de carbono, mientras que otra compra, ya que el fondo ve un aumento del 7,4%.