Ritholtz Wealth Management Cuts Position in iShares MSCI ACWI Low Carbon Target ETF $CRBN

Ritholtz Wealth Management lessened its holdings in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBNFree Report) by 18.6% during the second quarter, Holdings Channel.com reports. The firm owned 3,734 shares of the company’s stock after selling 855 shares during the quarter. Ritholtz Wealth Management’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $791,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Concord Wealth Partners purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the second quarter worth about $85,000. Ackerman Capital Advisors LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the second quarter worth about $603,000. Financial Connections Group Inc. purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the second quarter worth about $93,000. Belpointe Asset Management LLC grew its holdings in iShares MSCI ACWI Low Carbon Target ETF by 7.6% in the second quarter. Belpointe Asset Management LLC now owns 1,832 shares of the company’s stock worth $388,000 after purchasing an additional 130 shares during the period. Finally, Dougherty Wealth Advisers LLC grew its holdings in iShares MSCI ACWI Low Carbon Target ETF by 92.8% in the second quarter. Dougherty Wealth Advisers LLC now owns 696 shares of the company’s stock worth $147,000 after purchasing an additional 335 shares during the period.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

Shares of CRBN opened at $227.47 on Friday. The firm’s 50-day simple moving average is $223.01 and its two-hundred day simple moving average is $209.21. The stock has a market cap of $1.03 billion, a PE ratio of -2,067.91 and a beta of 0.94. iShares MSCI ACWI Low Carbon Target ETF has a fifty-two week low of $166.75 and a fifty-two week high of $230.01.

About iShares MSCI ACWI Low Carbon Target ETF

(Free Report)

The iShares MSCI ACWI Low Carbon Target ETF (CRBN) is an exchange-traded fund that is based on the MSCI ACWI Low Carbon Target index. The fund tracks an index of stocks from global firms selected for a bias toward lower carbon emissions. CRBN was launched on Dec 9, 2014 and is managed by BlackRock.

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Want to see what other hedge funds are holding CRBN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBNFree Report).

Institutional Ownership by Quarter for iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

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