Commonwealth Equity Services LLC Increases Stock Holdings in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Commonwealth Equity Services LLC increased its stake in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 11.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,196 shares of the company’s stock after buying an additional 518 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $952,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in iShares MSCI ACWI Low Carbon Target ETF by 30.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 303 shares of the company’s stock valued at $50,000 after buying an additional 71 shares in the last quarter. GPS Wealth Strategies Group LLC bought a new position in shares of iShares MSCI ACWI Low Carbon Target ETF during the 2nd quarter worth $61,000. Eagle Bay Advisors LLC bought a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the first quarter valued at about $86,000. Concord Wealth Partners lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 127.2% in the first quarter. Concord Wealth Partners now owns 652 shares of the company’s stock worth $117,000 after acquiring an additional 365 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in iShares MSCI ACWI Low Carbon Target ETF during the 4th quarter valued at about $108,000.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

Shares of CRBN opened at $190.48 on Wednesday. The company has a 50 day moving average price of $186.49 and a 200-day moving average price of $181.76. iShares MSCI ACWI Low Carbon Target ETF has a fifty-two week low of $143.49 and a fifty-two week high of $191.89. The stock has a market capitalization of $990.52 million, a PE ratio of 20.64 and a beta of 0.95.

iShares MSCI ACWI Low Carbon Target ETF Company 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.