AlTi Global Inc. Sells 2,971 Shares of iShares MSCI ACWI Low Carbon Target ETF $CRBN

AlTi Global Inc. cut its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 12.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,229 shares of the company’s stock after selling 2,971 shares during the period. AlTi Global Inc.’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $4,507,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CRBN. Royal Bank of Canada boosted its holdings in iShares MSCI ACWI Low Carbon Target ETF by 6.8% in the first quarter. Royal Bank of Canada now owns 12,177 shares of the company’s stock valued at $2,327,000 after acquiring an additional 770 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares MSCI ACWI Low Carbon Target ETF by 143.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,213 shares of the company’s stock worth $805,000 after purchasing an additional 2,482 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in iShares MSCI ACWI Low Carbon Target ETF by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 12,351 shares of the company’s stock worth $2,361,000 after purchasing an additional 1,860 shares in the last quarter. Focus Partners Wealth lifted its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.1% in the 1st quarter. Focus Partners Wealth now owns 4,879 shares of the company’s stock worth $933,000 after purchasing an additional 147 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 24.8% in the 2nd quarter. Raymond James Financial Inc. now owns 4,290 shares of the company’s stock worth $909,000 after purchasing an additional 852 shares during the period.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

Shares of CRBN opened at $249.85 on Monday. The firm’s 50-day moving average price is $252.05 and its 200-day moving average price is $240.68. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of -2,271.36 and a beta of 0.93. iShares MSCI ACWI Low Carbon Target ETF has a 1-year low of $209.85 and a 1-year high of $257.83.

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.