iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Sees Unusually-High Trading Volume

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) saw an uptick in trading volume on Tuesday . 18,665 shares changed hands during mid-day trading, an increase of 129% from the previous session’s volume of 8,146 shares.The stock last traded at $194.35 and had previously closed at $196.13.

iShares MSCI ACWI Low Carbon Target ETF Trading Down 0.6 %

The firm’s 50 day simple moving average is $187.55 and its 200 day simple moving average is $182.89. The firm has a market cap of $1.01 billion, a PE ratio of 20.64 and a beta of 0.95.

Institutional Investors Weigh In On iShares MSCI ACWI Low Carbon Target ETF

Several hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in iShares MSCI ACWI Low Carbon Target ETF by 30.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 303 shares of the company’s stock worth $50,000 after purchasing an additional 71 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF during the second quarter valued at approximately $61,000. Brown Financial Advisors acquired a new stake in iShares MSCI ACWI Low Carbon Target ETF in the second quarter valued at approximately $74,000. Eagle Bay Advisors LLC purchased a new position in iShares MSCI ACWI Low Carbon Target ETF in the first quarter worth $86,000. Finally, EP Wealth Advisors LLC purchased a new position in iShares MSCI ACWI Low Carbon Target ETF during the 4th quarter worth $108,000.

About iShares MSCI ACWI Low Carbon Target ETF

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.