Private Advisor Group LLC Makes New $507,000 Investment in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Private Advisor Group LLC purchased a new position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,425 shares of the company’s stock, valued at approximately $507,000. Private Advisor Group LLC owned 0.06% of iShares MSCI ACWI Low Carbon Target ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRBN. Creative Planning lifted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 1.2% in the 2nd quarter. Creative Planning now owns 5,852 shares of the company’s stock worth $801,000 after purchasing an additional 68 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 5.0% during the first quarter. Ameritas Advisory Services LLC now owns 1,578 shares of the company’s stock valued at $236,000 after buying an additional 75 shares during the last quarter. Raymond James & Associates increased its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 2.1% during the first quarter. Raymond James & Associates now owns 3,567 shares of the company’s stock worth $582,000 after acquiring an additional 75 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 0.8% during the first quarter. Wealthfront Advisers LLC now owns 9,259 shares of the company’s stock worth $1,370,000 after acquiring an additional 76 shares in the last quarter. Finally, BlackRock Inc. raised its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 6.5% in the 1st quarter. BlackRock Inc. now owns 2,038 shares of the company’s stock worth $333,000 after acquiring an additional 125 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

CRBN stock opened at $157.56 on Friday. The company has a market capitalization of $874.43 million, a P/E ratio of 15.43 and a beta of 0.94. iShares MSCI ACWI Low Carbon Target ETF has a 52-week low of $123.39 and a 52-week high of $161.79. The business has a 50-day simple moving average of $156.91 and a two-hundred day simple moving average of $151.35.

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.