Ameriprise Financial Inc. Sells 3,596 Shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Ameriprise Financial Inc. reduced its position in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 12.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,601 shares of the company’s stock after selling 3,596 shares during the quarter. Ameriprise Financial Inc. owned about 0.47% of iShares MSCI ACWI Low Carbon Target ETF worth $4,762,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CRBN. Raymond James Financial Inc. bought a new stake in iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter worth $739,000. JPMorgan Chase & Co. boosted its stake in iShares MSCI ACWI Low Carbon Target ETF by 0.8% in the fourth quarter. JPMorgan Chase & Co. now owns 72,802 shares of the company’s stock valued at $14,094,000 after acquiring an additional 584 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 5.0% during the 4th quarter. LPL Financial LLC now owns 14,718 shares of the company’s stock worth $2,849,000 after purchasing an additional 704 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 152.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,731 shares of the company’s stock valued at $335,000 after purchasing an additional 1,045 shares during the last quarter. Finally, Golden State Wealth Management LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter worth $376,000.

iShares MSCI ACWI Low Carbon Target ETF Trading Down 0.4%

Shares of CRBN stock opened at $200.98 on Friday. The firm’s 50 day moving average is $191.14 and its 200 day moving average is $195.66. The stock has a market capitalization of $984.80 million, a P/E ratio of 20.05 and a beta of 0.94. iShares MSCI ACWI Low Carbon Target ETF has a 12 month low of $166.75 and a 12 month high of $204.74.

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.