Transcend Capital Advisors LLC Makes New Investment in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Transcend Capital Advisors LLC purchased a new stake in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,520 shares of the company’s stock, valued at approximately $294,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CRBN. EP Wealth Advisors LLC increased its stake in shares of 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 worth $158,000 after buying an additional 150 shares during the period. Equita Financial Network Inc. acquired a new position in iShares MSCI ACWI Low Carbon Target ETF during the 4th quarter worth approximately $230,000. Retirement Income Solutions Inc purchased a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the 4th quarter valued at approximately $232,000. FMR LLC raised its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 10.5% in the 3rd quarter. FMR LLC now owns 1,833 shares of the company’s stock valued at $360,000 after purchasing an additional 174 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC lifted its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 74.3% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,931 shares of the company’s stock worth $374,000 after purchasing an additional 823 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Trading Down 1.4 %

Shares of CRBN stock opened at $201.12 on Monday. The company has a market cap of $1.05 billion, a P/E ratio of 20.64 and a beta of 0.95. The firm has a fifty day moving average price of $197.94 and a 200 day moving average price of $195.42. iShares MSCI ACWI Low Carbon Target ETF has a 12 month low of $169.46 and a 12 month high of $204.30.

iShares MSCI ACWI Low Carbon Target ETF 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.