Stonehearth Capital Management LLC acquired a new position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 14,255 shares of the company’s stock, valued at approximately $3,651,000. iShares MSCI ACWI Low Carbon Target ETF makes up approximately 1.2% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 16th largest holding.
A number of other hedge funds have also bought and sold shares of the business. Royal Bank of Canada lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 40.6% during the 1st quarter. Royal Bank of Canada now owns 29,627 shares of the company’s stock valued at $6,602,000 after acquiring an additional 8,557 shares during the period. Gradient Investments LLC purchased a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF during the 3rd quarter valued at about $2,153,000. Rockefeller Capital Management L.P. grew its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 50.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,689 shares of the company’s stock worth $1,081,000 after acquiring an additional 1,564 shares during the period. Fifth Third Bancorp bought a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the first quarter worth approximately $217,000. Finally, Howard Financial Services LTD. bought a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the second quarter worth approximately $204,000.
iShares MSCI ACWI Low Carbon Target ETF Stock Up 0.1%
CRBN opened at $258.53 on Wednesday. The firm has a 50 day moving average price of $258.42 and a 200-day moving average price of $250.79. iShares MSCI ACWI Low Carbon Target ETF has a twelve month low of $215.29 and a twelve month high of $262.08. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of -2,350.27 and a beta of 0.93.
iShares MSCI ACWI Low Carbon Target ETF Profile
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.
Featured Stories
- Five stocks we like better than iShares MSCI ACWI Low Carbon Target ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
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:CRBN – Free Report).
Receive News & Ratings for iShares MSCI ACWI Low Carbon Target ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI ACWI Low Carbon Target ETF and related companies with MarketBeat.com's FREE daily email newsletter.
