UBS Group AG Trims Stock Position in iShares MSCI ACWI Low Carbon Target ETF $CRBN

UBS Group AG lowered its stake in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBNFree Report) by 6.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 37,280 shares of the company’s stock after selling 2,362 shares during the period. UBS Group AG owned about 0.86% of iShares MSCI ACWI Low Carbon Target ETF worth $8,594,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Aspiriant LLC raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 1.7% during the 4th quarter. Aspiriant LLC now owns 116,572 shares of the company’s stock valued at $26,873,000 after buying an additional 1,908 shares during the last quarter. Allianz SE raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.5% during the 3rd quarter. Allianz SE now owns 102,515 shares of the company’s stock valued at $23,258,000 after buying an additional 3,500 shares during the last quarter. BSW Wealth Partners raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 31.3% during the 4th quarter. BSW Wealth Partners now owns 39,542 shares of the company’s stock valued at $9,116,000 after buying an additional 9,423 shares during the last quarter. Susquehanna International Group LLP raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 0.5% during the 3rd quarter. Susquehanna International Group LLP now owns 36,159 shares of the company’s stock valued at $8,203,000 after buying an additional 188 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 1.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 25,142 shares of the company’s stock valued at $5,326,000 after buying an additional 304 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

NYSEARCA CRBN opened at $248.53 on Monday. The stock has a 50-day simple moving average of $234.75 and a two-hundred day simple moving average of $233.64. The firm has a market capitalization of $1.09 billion, a P/E ratio of -2,259.36 and a beta of 0.93. iShares MSCI ACWI Low Carbon Target ETF has a fifty-two week low of $200.40 and a fifty-two week high of $253.00.

About iShares MSCI ACWI Low Carbon Target ETF

(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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Institutional Ownership by Quarter for iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

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