JPMorgan Chase & Co. Lowers Stock Holdings in iShares MSCI ACWI Low Carbon Target ETF $CRBN

JPMorgan Chase & Co. reduced its holdings in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 5.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 66,642 shares of the company’s stock after selling 3,943 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $15,119,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CRBN. Royal Bank of Canada lifted its position in iShares MSCI ACWI Low Carbon Target ETF by 6.8% during the first quarter. Royal Bank of Canada now owns 12,177 shares of the company’s stock worth $2,327,000 after buying an additional 770 shares during the period. Jones Financial Companies Lllp grew 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 valued at $805,000 after buying an additional 2,482 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 17.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,351 shares of the company’s stock valued at $2,361,000 after acquiring an additional 1,860 shares during the last quarter. Focus Partners Wealth increased its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.1% during the 1st quarter. Focus Partners Wealth now owns 4,879 shares of the company’s stock valued at $933,000 after acquiring an additional 147 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 1.3% during the 2nd quarter. Creative Planning now owns 8,471 shares of the company’s stock worth $1,794,000 after acquiring an additional 108 shares during the period.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

CRBN opened at $220.03 on Friday. The company’s 50 day simple moving average is $233.48 and its 200 day simple moving average is $230.71. iShares MSCI ACWI Low Carbon Target ETF has a 1 year low of $166.75 and a 1 year high of $240.77. The stock has a market capitalization of $957.13 million, a PE ratio of -2,000.27 and a beta of 0.94.

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.