Envestnet Asset Management Inc. Sells 11,100 Shares of iShares MSCI ACWI Low Carbon Target ETF $CRBN

Envestnet Asset Management Inc. trimmed its position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 54.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,123 shares of the company’s stock after selling 11,100 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.21% of iShares MSCI ACWI Low Carbon Target ETF worth $2,070,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Financial Futures Ltd Liability Co. boosted its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.8% during the 3rd quarter. Financial Futures Ltd Liability Co. now owns 1,170 shares of the company’s stock valued at $266,000 after acquiring an additional 43 shares during the last quarter. Albion Financial Group UT raised its position in iShares MSCI ACWI Low Carbon Target ETF by 1.0% in the 3rd quarter. Albion Financial Group UT now owns 7,949 shares of the company’s stock worth $1,803,000 after purchasing an additional 79 shares during the period. Creative Planning lifted its stake in iShares MSCI ACWI Low Carbon Target ETF by 1.3% in the second quarter. Creative Planning now owns 8,471 shares of the company’s stock worth $1,794,000 after purchasing an additional 108 shares during the last quarter. Rossmore Private Capital bought a new stake in iShares MSCI ACWI Low Carbon Target ETF in the third quarter worth $27,000. Finally, Focus Partners Wealth boosted its position in iShares MSCI ACWI Low Carbon Target ETF by 3.1% during the first quarter. Focus Partners Wealth now owns 4,879 shares of the company’s stock valued at $933,000 after buying an additional 147 shares during the period.

iShares MSCI ACWI Low Carbon Target ETF Price Performance

CRBN opened at $238.30 on Friday. iShares MSCI ACWI Low Carbon Target ETF has a 1 year low of $166.75 and a 1 year high of $240.77. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of -2,166.36 and a beta of 0.94. The stock’s 50 day simple moving average is $235.58 and its 200 day simple moving average is $229.51.

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.