HighTower Advisors LLC lifted its position in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN – Free Report) by 13.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,489 shares of the company’s stock after purchasing an additional 663 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $1,063,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its position in iShares MSCI ACWI Low Carbon Target ETF by 146.3% during the fourth quarter. Wealthfront Advisers LLC now owns 30,192 shares of the company’s stock valued at $5,845,000 after buying an additional 17,934 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter worth $739,000. Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 152.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,731 shares of the company’s stock valued at $335,000 after acquiring an additional 1,045 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in iShares MSCI ACWI Low Carbon Target ETF by 26.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,760 shares of the company’s stock worth $1,509,000 after purchasing an additional 1,607 shares during the period. Finally, Transcend Capital Advisors LLC purchased a new position in iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter valued at about $294,000.
iShares MSCI ACWI Low Carbon Target ETF Price Performance
Shares of CRBN opened at $194.59 on Thursday. iShares MSCI ACWI Low Carbon Target ETF has a 12 month low of $169.46 and a 12 month high of $204.30. The stock’s 50-day moving average is $198.00 and its two-hundred day moving average is $196.75. The stock has a market cap of $963.22 million, a PE ratio of 20.21 and a beta of 0.95.
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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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).
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