iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Sees Large Volume Increase – Here’s What Happened

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBNGet Free Report) shares saw unusually-high trading volume on Wednesday . 22,883 shares changed hands during mid-day trading, an increase of 147% from the previous session’s volume of 9,263 shares.The stock last traded at $254.01 and had previously closed at $252.89.

iShares MSCI ACWI Low Carbon Target ETF Stock Up 0.4%

The stock has a market capitalization of $1.14 billion, a P/E ratio of -2,309.18 and a beta of 0.93. The firm has a 50-day moving average of $251.93 and a 200 day moving average of $240.27.

Hedge Funds Weigh In On iShares MSCI ACWI Low Carbon Target ETF

A number of hedge funds have recently made changes to their positions in the business. Aspiriant LLC boosted its position 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 acquiring an additional 1,908 shares in the last quarter. Allianz SE raised its position in iShares MSCI ACWI Low Carbon Target ETF by 6.3% in the fourth quarter. Allianz SE now owns 109,015 shares of the company’s stock worth $25,131,000 after purchasing an additional 6,500 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 0.5% during the first quarter. Bank of America Corp DE now owns 106,335 shares of the company’s stock worth $23,692,000 after purchasing an additional 545 shares during the period. Investure LLC lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 1.5% during the fourth quarter. Investure LLC now owns 104,151 shares of the company’s stock worth $24,010,000 after purchasing an additional 1,490 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 8.9% during the fourth quarter. Wells Fargo & Company MN now owns 48,123 shares of the company’s stock worth $11,094,000 after purchasing an additional 3,945 shares during the period.

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.

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