Royal Bank of Canada Has $6.60 Million Stock Holdings in iShares MSCI ACWI Low Carbon Target ETF $CRBN

Royal Bank of Canada lifted its position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 40.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 29,627 shares of the company’s stock after purchasing an additional 8,557 shares during the quarter. Royal Bank of Canada owned 0.67% of iShares MSCI ACWI Low Carbon Target ETF worth $6,602,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in iShares MSCI ACWI Low Carbon Target ETF by 143.4% in the first 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 in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,351 shares of the company’s stock worth $2,361,000 after buying an additional 1,860 shares in the last quarter. Focus Partners Wealth raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 3.1% in the first 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. Raymond James Financial Inc. raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 24.8% in the second quarter. Raymond James Financial Inc. now owns 4,290 shares of the company’s stock valued at $909,000 after acquiring an additional 852 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of iShares MSCI ACWI Low Carbon Target ETF by 114.7% in the second quarter. Jane Street Group LLC now owns 15,818 shares of the company’s stock valued at $3,351,000 after acquiring an additional 8,451 shares during the last quarter.

iShares MSCI ACWI Low Carbon Target ETF Price Performance

Shares of CRBN opened at $258.73 on Wednesday. The company has a market capitalization of $1.18 billion, a P/E ratio of -2,352.09 and a beta of 0.93. iShares MSCI ACWI Low Carbon Target ETF has a one year low of $215.29 and a one year high of $260.35. The business’s 50 day simple moving average is $252.40 and its 200-day simple moving average is $242.98.

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.