Allianz SE Takes $20.03 Million Position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Allianz SE acquired a new stake in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 103,015 shares of the company’s stock, valued at approximately $20,032,000. Allianz SE owned 1.98% of iShares MSCI ACWI Low Carbon Target ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of iShares MSCI ACWI Low Carbon Target ETF by 558.6% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 461 shares of the company’s stock valued at $89,000 after buying an additional 391 shares during the period. EP Wealth Advisors LLC raised its holdings in shares of 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 during the last quarter. Equita Financial Network Inc. bought a new stake in shares of iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter worth $230,000. Retirement Income Solutions Inc acquired a new position in iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter worth $232,000. Finally, Transcend Capital Advisors LLC bought a new position in iShares MSCI ACWI Low Carbon Target ETF in the fourth quarter valued at $294,000.

iShares MSCI ACWI Low Carbon Target ETF Stock Down 1.8 %

CRBN stock opened at $190.95 on Friday. The company has a market cap of $945.20 million, a price-to-earnings ratio of 20.21 and a beta of 0.95. iShares MSCI ACWI Low Carbon Target ETF has a twelve month low of $169.46 and a twelve month high of $204.30. The business has a 50 day moving average price of $197.88 and a two-hundred day moving average price of $196.77.

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.