Merit Financial Group LLC Sells 441 Shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Merit Financial Group LLC lowered its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 22.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,525 shares of the company’s stock after selling 441 shares during the quarter. Merit Financial Group LLC’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $295,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of CRBN. Coldstream Capital Management Inc. bought a new position in iShares MSCI ACWI Low Carbon Target ETF during the third quarter valued at $3,654,000. Bank of Montreal Can grew its holdings 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 purchasing an additional 14,012 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the 3rd quarter worth about $2,392,000. JPMorgan Chase & Co. raised its position in iShares MSCI ACWI Low Carbon Target ETF by 12.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 72,218 shares of the company’s stock worth $14,164,000 after purchasing an additional 8,249 shares during the period. Finally, Flow Traders U.S. LLC lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 81.9% in the third quarter. Flow Traders U.S. LLC now owns 14,499 shares of the company’s stock worth $2,844,000 after purchasing an additional 6,528 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

CRBN opened at $200.36 on Friday. iShares MSCI ACWI Low Carbon Target ETF has a one year low of $166.28 and a one year high of $204.30. The stock’s 50 day moving average price is $197.68 and its 200-day moving average price is $193.16. The stock has a market cap of $1.04 billion, a price-to-earnings 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.