Bank of America Corp DE Trims Holdings in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Bank of America Corp DE lowered its stake in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 0.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 128,416 shares of the company’s stock after selling 947 shares during the period. Bank of America Corp DE owned 2.47% of iShares MSCI ACWI Low Carbon Target ETF worth $24,860,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Albion Financial Group UT raised its holdings in iShares MSCI ACWI Low Carbon Target ETF by 0.8% in the fourth quarter. Albion Financial Group UT now owns 7,825 shares of the company’s stock worth $1,515,000 after buying an additional 63 shares during the last quarter. Dohj LLC grew its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 2.8% in the fourth quarter. Dohj LLC now owns 4,421 shares of the company’s stock worth $856,000 after acquiring an additional 119 shares during the period. Gradient Investments LLC raised its stake in iShares MSCI ACWI Low Carbon Target ETF by 2.1% during the 4th quarter. Gradient Investments LLC now owns 9,786 shares of the company’s stock valued at $1,894,000 after buying an additional 200 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in iShares MSCI ACWI Low Carbon Target ETF by 558.6% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 461 shares of the company’s stock valued at $89,000 after acquiring an additional 391 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its position in iShares MSCI ACWI Low Carbon Target ETF by 5.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,246 shares of the company’s stock worth $1,984,000 after purchasing an additional 563 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Trading Up 0.5%

Shares of CRBN stock opened at $203.90 on Monday. iShares MSCI ACWI Low Carbon Target ETF has a 12 month low of $166.75 and a 12 month high of $204.30. The stock has a market cap of $999.11 million, a P/E ratio of 20.05 and a beta of 0.94. The company has a 50 day simple moving average of $190.12 and a two-hundred day simple moving average of $195.39.

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.