JPMorgan Chase & Co. Purchases 8,249 Shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

JPMorgan Chase & Co. increased its position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 12.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,218 shares of the company’s stock after purchasing an additional 8,249 shares during the period. JPMorgan Chase & Co. owned 1.39% of iShares MSCI ACWI Low Carbon Target ETF worth $14,164,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC increased its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 11.1% during the second quarter. Commonwealth Equity Services LLC now owns 5,196 shares of the company’s stock valued at $952,000 after purchasing an additional 518 shares in the last quarter. Bank of Montreal Can increased its position in iShares MSCI ACWI Low Carbon Target ETF by 2,271.0% during the 2nd quarter. Bank of Montreal Can now owns 14,629 shares of the company’s stock valued at $2,686,000 after buying an additional 14,012 shares in the last quarter. AlTi Global Inc. increased its position in iShares MSCI ACWI Low Carbon Target ETF by 2.5% during the 2nd quarter. AlTi Global Inc. now owns 19,847 shares of the company’s stock valued at $3,637,000 after buying an additional 493 shares in the last quarter. Cetera Investment Advisers raised its stake in iShares MSCI ACWI Low Carbon Target ETF by 0.3% during the second quarter. Cetera Investment Advisers now owns 25,863 shares of the company’s stock valued at $4,740,000 after buying an additional 73 shares during the last quarter. Finally, Brown Financial Advisors bought a new stake in iShares MSCI ACWI Low Carbon Target ETF in the second quarter worth $74,000.

iShares MSCI ACWI Low Carbon Target ETF Price Performance

Shares of NYSEARCA:CRBN opened at $191.41 on Friday. The business has a fifty day moving average price of $197.91 and a 200-day moving average price of $192.40. iShares MSCI ACWI Low Carbon Target ETF has a 1-year low of $161.82 and a 1-year high of $204.30. The company has a market capitalization of $995.33 million, a PE ratio of 20.64 and a beta of 0.95.

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.