iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Reaches New 1-Year High at $186.50

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) shares reached a new 52-week high during trading on Friday . The stock traded as high as $186.50 and last traded at $186.50, with a volume of 488 shares trading hands. The stock had previously closed at $186.08.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

The company has a market cap of $968.29 million, a PE ratio of 20.64 and a beta of 0.95. The firm has a fifty day simple moving average of $181.04 and a 200 day simple moving average of $174.69.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Merit Financial Group LLC acquired a new position in shares of iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter worth $212,000. Cerity Partners LLC acquired a new position in shares of iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter worth $208,000. Van Hulzen Asset Management LLC increased its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.3% in the fourth quarter. Van Hulzen Asset Management LLC now owns 6,763 shares of the company’s stock worth $1,119,000 after buying an additional 218 shares during the last quarter. &PARTNERS bought a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the first quarter worth $249,000. Finally, Wolf Group Capital Advisors bought a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter worth $448,000.

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.