iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN – Get Free Report) shares saw an uptick in trading volume on Wednesday . Approximately 22,883 shares traded hands during mid-day trading, an increase of 147% from the previous session’s volume of 9,263 shares.The stock last traded at $254.01 and had previously closed at $252.89.
iShares MSCI ACWI Low Carbon Target ETF Stock Performance
The firm has a market cap of $1.14 billion, a P/E ratio of -2,309.18 and a beta of 0.93. The company has a 50-day moving average of $251.93 and a 200 day moving average of $240.27.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of CRBN. BSW Wealth Partners increased its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 31.3% during the fourth quarter. BSW Wealth Partners now owns 39,542 shares of the company’s stock worth $9,116,000 after buying an additional 9,423 shares in the last quarter. Van Hulzen Asset Management LLC boosted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 39.7% in the 4th quarter. Van Hulzen Asset Management LLC now owns 11,757 shares of the company’s stock worth $2,710,000 after acquiring an additional 3,343 shares in the last quarter. Allianz SE boosted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 6.3% in the 4th quarter. Allianz SE now owns 109,015 shares of the company’s stock worth $25,131,000 after acquiring an additional 6,500 shares in the last quarter. Midwest Financial Partners Investments Inc. bought a new stake in iShares MSCI ACWI Low Carbon Target ETF during the 4th quarter worth approximately $2,533,000. Finally, Cary Street Partners Financial LLC bought a new stake in iShares MSCI ACWI Low Carbon Target ETF during the 4th quarter worth approximately $373,000.
About iShares MSCI ACWI Low Carbon Target ETF
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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