AlTi Global Inc. Sells 2,971 Shares of iShares MSCI ACWI Low Carbon Target ETF $CRBN

AlTi Global Inc. reduced its stake in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 12.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,229 shares of the company’s stock after selling 2,971 shares during the period. AlTi Global Inc. owned about 0.46% of iShares MSCI ACWI Low Carbon Target ETF worth $4,507,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRBN. Comerica Bank increased its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 7.0% in the third quarter. Comerica Bank now owns 994 shares of the company’s stock worth $226,000 after buying an additional 65 shares during the period. Westmount Partners LLC boosted its position in iShares MSCI ACWI Low Carbon Target ETF by 3.5% during the 4th quarter. Westmount Partners LLC now owns 4,208 shares of the company’s stock valued at $970,000 after buying an additional 142 shares during the period. Financial Futures Ltd Liability Co. grew its holdings in iShares MSCI ACWI Low Carbon Target ETF by 12.2% in the 4th quarter. Financial Futures Ltd Liability Co. now owns 1,313 shares of the company’s stock worth $303,000 after acquiring an additional 143 shares during the last quarter. Focus Partners Wealth grew its holdings in iShares MSCI ACWI Low Carbon Target ETF by 3.1% in the 1st quarter. Focus Partners Wealth now owns 4,879 shares of the company’s stock worth $933,000 after acquiring an additional 147 shares during the last quarter. Finally, Resources Management Corp CT ADV purchased a new position in shares of iShares MSCI ACWI Low Carbon Target ETF in the third quarter valued at about $34,000.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

CRBN stock opened at $249.85 on Monday. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of -2,271.36 and a beta of 0.93. The firm’s 50-day moving average price is $252.05 and its two-hundred day moving average price is $240.68. iShares MSCI ACWI Low Carbon Target ETF has a 12-month low of $209.85 and a 12-month high of $257.83.

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.