Ritholtz Wealth Management Lowers Stock Holdings in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Ritholtz Wealth Management reduced its position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 20.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,695 shares of the company’s stock after selling 1,225 shares during the quarter. Ritholtz Wealth Management owned about 0.09% of iShares MSCI ACWI Low Carbon Target ETF worth $909,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CRBN. Paladin Wealth LLC purchased a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the 3rd quarter valued at about $31,000. Brown Financial Advisors bought a new position in shares of iShares MSCI ACWI Low Carbon Target ETF in the second quarter worth approximately $74,000. EP Wealth Advisors LLC raised its stake in iShares MSCI ACWI Low Carbon Target ETF by 22.9% in the third quarter. EP Wealth Advisors LLC now owns 805 shares of the company’s stock valued at $158,000 after purchasing an additional 150 shares in the last quarter. Nottingham Advisors Inc. lifted its position in iShares MSCI ACWI Low Carbon Target ETF by 8.3% during the third quarter. Nottingham Advisors Inc. now owns 1,525 shares of the company’s stock valued at $299,000 after purchasing an additional 117 shares during the last quarter. Finally, FMR LLC increased 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 worth $360,000 after buying an additional 174 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Price Performance

NYSEARCA:CRBN opened at $196.52 on Monday. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 20.64 and a beta of 0.95. The business has a 50 day moving average of $197.57 and a 200 day moving average of $192.81. iShares MSCI ACWI Low Carbon Target ETF has a 1-year low of $163.15 and a 1-year high of $204.30.

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.