iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Sees Unusually-High Trading Volume – Should You Buy?

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBNGet Free Report) shares saw an uptick in trading volume on Thursday . 6,564 shares were traded during trading, a decline of 19% from the previous session’s volume of 8,073 shares.The stock last traded at $194.55 and had previously closed at $193.16.

iShares MSCI ACWI Low Carbon Target ETF Stock Down 0.2 %

The firm has a market capitalization of $958.42 million, a price-to-earnings ratio of 20.21 and a beta of 0.95. The firm’s 50 day moving average is $197.80 and its 200 day moving average is $196.49.

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

Several large investors have recently modified their holdings of CRBN. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 558.6% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 461 shares of the company’s stock valued at $89,000 after purchasing an additional 391 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in 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 worth $158,000 after buying an additional 150 shares during the period. Kraft Davis & Associates LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter valued at about $212,000. Equita Financial Network Inc. acquired a new position in shares of iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter worth about $230,000. Finally, Retirement Income Solutions Inc purchased a new position in shares of iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter worth approximately $232,000.

iShares MSCI ACWI Low Carbon Target ETF Company Profile

(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.

Further Reading

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