iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Sees Strong Trading Volume – Here’s Why

Posted by Jeff Wilder on Dec 23rd, 2024

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN – Get Free Report) saw strong trading volume on Monday . 8,591 shares changed hands during trading, an increase of 7% from the previous session’s volume of 8,030 shares.The stock last traded at $194.62 and had previously closed at $194.57.

iShares MSCI ACWI Low Carbon Target ETF Price Performance

The stock has a market cap of $1.01 billion, a P/E ratio of 20.64 and a beta of 0.95. The firm’s fifty day moving average price is $198.10 and its two-hundred day moving average price is $191.18.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Paladin Wealth LLC purchased a new position in shares of iShares MSCI ACWI Low Carbon Target ETF in the 3rd quarter worth about $31,000. Brown Financial Advisors purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF in the second quarter worth approximately $74,000. EP Wealth Advisors LLC grew its position in iShares MSCI ACWI Low Carbon Target ETF by 22.9% during the third quarter. EP Wealth Advisors LLC now owns 805 shares of the company’s stock valued at $158,000 after acquiring an additional 150 shares during the last quarter. Nottingham Advisors Inc. raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 8.3% during the third quarter. Nottingham Advisors Inc. now owns 1,525 shares of the company’s stock worth $299,000 after acquiring an additional 117 shares in the last quarter. Finally, FMR LLC raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 10.5% during the third quarter. FMR LLC now owns 1,833 shares of the company’s stock worth $360,000 after acquiring an additional 174 shares in the last quarter.

About iShares MSCI ACWI Low Carbon Target ETF

(Get Free Report)

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.