Commonwealth Equity Services LLC Raises Position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Commonwealth Equity Services LLC lifted its position in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 11.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,196 shares of the company’s stock after acquiring an additional 518 shares during the period. Commonwealth Equity Services LLC owned approximately 0.10% of iShares MSCI ACWI Low Carbon Target ETF worth $952,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Sunpointe LLC purchased a new position in shares of iShares MSCI ACWI Low Carbon Target ETF during the second quarter valued at approximately $1,998,000. Gradient Investments LLC increased its position in iShares MSCI ACWI Low Carbon Target ETF by 1.1% during the second quarter. Gradient Investments LLC now owns 9,671 shares of the company’s stock valued at $1,772,000 after acquiring an additional 104 shares during the last quarter. GPS Wealth Strategies Group LLC bought a new position in iShares MSCI ACWI Low Carbon Target ETF in the second quarter valued at about $61,000. Aspiriant LLC boosted its position in iShares MSCI ACWI Low Carbon Target ETF by 9.0% in the second quarter. Aspiriant LLC now owns 106,907 shares of the company’s stock worth $19,593,000 after purchasing an additional 8,798 shares during the last quarter. Finally, Cardinal Point Capital Management ULC increased its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 5.1% during the 2nd quarter. Cardinal Point Capital Management ULC now owns 6,635 shares of the company’s stock valued at $1,216,000 after purchasing an additional 320 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

NYSEARCA:CRBN opened at $190.48 on Wednesday. The stock has a 50-day simple moving average of $186.49 and a two-hundred day simple moving average of $181.76. iShares MSCI ACWI Low Carbon Target ETF has a 52-week low of $143.49 and a 52-week high of $191.89. The firm 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 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.