Envestnet Asset Management Inc. Boosts Stock Position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Envestnet Asset Management Inc. boosted its position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 3.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,890 shares of the company’s stock after purchasing an additional 650 shares during the quarter. Envestnet Asset Management Inc. owned about 0.40% of iShares MSCI ACWI Low Carbon Target ETF worth $4,044,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRBN. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 558.6% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 461 shares of the company’s stock worth $89,000 after purchasing an additional 391 shares during the period. Equita Financial Network Inc. purchased a new position in iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter worth about $230,000. Retirement Income Solutions Inc acquired a new stake in iShares MSCI ACWI Low Carbon Target ETF in the 4th quarter worth about $232,000. Transcend Capital Advisors LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the 4th quarter valued at about $294,000. Finally, Jones Financial Companies Lllp increased its stake 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 during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Stock Up 1.3 %

NYSEARCA:CRBN opened at $186.86 on Thursday. iShares MSCI ACWI Low Carbon Target ETF has a fifty-two week low of $166.75 and a fifty-two week high of $204.30. The firm’s 50 day moving average is $190.94 and its two-hundred day moving average is $195.36. The company has a market cap of $915.61 million, a P/E ratio of 19.47 and a beta of 0.93.

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.