iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) Hits New 12-Month High at $191.59

iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)’s stock price hit a new 52-week high on Friday . The company traded as high as $191.59 and last traded at $191.59, with a volume of 17715 shares changing hands. The stock had previously closed at $188.50.

iShares MSCI ACWI Low Carbon Target ETF Stock Up 1.3 %

The firm’s 50 day moving average is $184.76 and its two-hundred day moving average is $179.50. The stock has a market cap of $992.68 million, a price-to-earnings ratio of 20.64 and a beta of 0.95.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI ACWI Low Carbon Target ETF by 30.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 303 shares of the company’s stock worth $50,000 after buying an additional 71 shares during the period. Cetera Investment Advisers boosted its position in iShares MSCI ACWI Low Carbon Target ETF by 0.3% during the 2nd quarter. Cetera Investment Advisers now owns 25,863 shares of the company’s stock worth $4,740,000 after acquiring an additional 73 shares during the period. Gradient Investments LLC grew its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 1.1% in the second quarter. Gradient Investments LLC now owns 9,671 shares of the company’s stock worth $1,772,000 after purchasing an additional 104 shares in the last quarter. Dohj LLC increased its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 10.4% during the first quarter. Dohj LLC now owns 2,299 shares of the company’s stock valued at $413,000 after purchasing an additional 217 shares during the period. Finally, Van Hulzen Asset Management LLC raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.3% during the fourth quarter. Van Hulzen Asset Management LLC now owns 6,763 shares of the company’s stock valued at $1,119,000 after purchasing an additional 218 shares in the last quarter.

About iShares MSCI ACWI Low Carbon Target ETF

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.