iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Stock Position Decreased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its position in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 74.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,502 shares of the company’s stock after selling 4,447 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $249,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. UBS Group AG raised its position in iShares MSCI ACWI Low Carbon Target ETF by 6.7% during the third quarter. UBS Group AG now owns 71,301 shares of the company’s stock valued at $10,713,000 after acquiring an additional 4,464 shares in the last quarter. Modera Wealth Management LLC bought a new position in shares of iShares MSCI ACWI Low Carbon Target ETF during the 3rd quarter valued at $501,000. Monterey Private Wealth Inc. acquired a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the 4th quarter valued at $404,000. Raymond James & Associates bought a new stake in iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter worth $264,000. Finally, Glenmede Trust Co. NA increased its position in iShares MSCI ACWI Low Carbon Target ETF by 5.8% during the third quarter. Glenmede Trust Co. NA now owns 10,616 shares of the company’s stock worth $1,595,000 after buying an additional 582 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

CRBN opened at $173.29 on Wednesday. The stock has a 50-day moving average of $175.54 and a 200-day moving average of $165.45. iShares MSCI ACWI Low Carbon Target ETF has a 52-week low of $143.49 and a 52-week high of $180.20. The company has a market cap of $901.11 million, a PE ratio of 20.01 and a beta of 0.94.

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.