iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Sees Unusually-High Trading Volume – What’s Next?

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) shares saw strong trading volume on Monday . 18,124 shares changed hands during mid-day trading, an increase of 109% from the previous session’s volume of 8,669 shares.The stock last traded at $258.79 and had previously closed at $256.17.

iShares MSCI ACWI Low Carbon Target ETF Stock Up 1.3%

The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -2,358.73 and a beta of 0.93. The firm has a 50 day moving average of $256.02 and a 200 day moving average of $247.15.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. One Capital Management LLC increased its holdings in iShares MSCI ACWI Low Carbon Target ETF by 15.0% during the 4th quarter. One Capital Management LLC now owns 1,374 shares of the company’s stock worth $317,000 after purchasing an additional 179 shares in the last quarter. Financial Futures Ltd Liability Co. lifted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 15.7% in the first quarter. Financial Futures Ltd Liability Co. now owns 1,519 shares of the company’s stock valued at $339,000 after purchasing an additional 206 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 4.0% in the second quarter. Gradient Investments LLC now owns 8,150 shares of the company’s stock valued at $2,062,000 after purchasing an additional 316 shares in the last quarter. Midwest Financial Partners Investments Inc. boosted its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.7% during the first quarter. Midwest Financial Partners Investments Inc. now owns 11,394 shares of the company’s stock valued at $2,539,000 after buying an additional 405 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of iShares MSCI ACWI Low Carbon Target ETF during the first quarter valued at approximately $102,000.

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.