HighTower Advisors LLC Increases Holdings in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

HighTower Advisors LLC boosted its position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 13.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,489 shares of the company’s stock after buying an additional 663 shares during the period. HighTower Advisors LLC owned approximately 0.11% of iShares MSCI ACWI Low Carbon Target ETF worth $1,063,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EP Wealth Advisors LLC raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 22.9% during the 3rd quarter. EP Wealth Advisors LLC now owns 805 shares of the company’s stock valued at $158,000 after buying an additional 150 shares during the last quarter. Equita Financial Network Inc. purchased a new position in iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter valued at approximately $230,000. Retirement Income Solutions Inc acquired a new position in iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter valued at approximately $232,000. Transcend Capital Advisors LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the 4th quarter worth approximately $294,000. Finally, Jones Financial Companies Lllp grew its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 152.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,731 shares of the company’s stock worth $335,000 after purchasing an additional 1,045 shares during the period.

iShares MSCI ACWI Low Carbon Target ETF Price Performance

CRBN opened at $194.59 on Thursday. The firm has a fifty day moving average price of $198.00 and a 200 day moving average price of $196.75. iShares MSCI ACWI Low Carbon Target ETF has a 1 year low of $169.46 and a 1 year high of $204.30. The stock has a market cap of $963.22 million, a P/E ratio of 20.21 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.