Allianz SE Has $23.26 Million Stake in iShares MSCI ACWI Low Carbon Target ETF $CRBN

Allianz SE increased its position in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 3.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,515 shares of the company’s stock after purchasing an additional 3,500 shares during the quarter. Allianz SE owned approximately 2.38% of iShares MSCI ACWI Low Carbon Target ETF worth $23,258,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.5% in the third quarter. Wealthfront Advisers LLC now owns 13,640 shares of the company’s stock valued at $3,095,000 after acquiring an additional 458 shares during the last quarter. Mandatum Life Insurance Co Ltd bought a new position in shares of iShares MSCI ACWI Low Carbon Target ETF in the third quarter valued at about $210,000. AlTi Global Inc. lifted its position in iShares MSCI ACWI Low Carbon Target ETF by 3.0% during the 3rd quarter. AlTi Global Inc. now owns 18,857 shares of the company’s stock worth $4,278,000 after buying an additional 553 shares in the last quarter. Cardinal Point Capital Management ULC grew its holdings in iShares MSCI ACWI Low Carbon Target ETF by 2.6% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 7,082 shares of the company’s stock worth $1,600,000 after acquiring an additional 177 shares during the last quarter. Finally, Bessemer Group Inc. bought a new stake in iShares MSCI ACWI Low Carbon Target ETF during the 3rd quarter worth about $62,000.

iShares MSCI ACWI Low Carbon Target ETF Trading Down 0.6%

CRBN opened at $238.30 on Friday. iShares MSCI ACWI Low Carbon Target ETF has a 1-year low of $166.75 and a 1-year high of $240.77. The stock has a market capitalization of $1.04 billion, a PE ratio of -2,166.36 and a beta of 0.94. The firm has a 50-day moving average price of $235.58 and a two-hundred day moving average price of $229.51.

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.