Wharton Business Group LLC Has $347,000 Stock Position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN)

Wharton Business Group LLC cut its position in iShares MSCI ACWI Low Carbon Target ETF (NYSEARCA:CRBN) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,795 shares of the company’s stock after selling 155 shares during the quarter. Wharton Business Group LLC’s holdings in iShares MSCI ACWI Low Carbon Target ETF were worth $347,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CRBN. FMR LLC increased its position in 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 period. JPMorgan Chase & Co. increased its position in iShares MSCI ACWI Low Carbon Target ETF by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 72,218 shares of the company’s stock worth $14,164,000 after acquiring an additional 8,249 shares during the period. Golden State Wealth Management LLC bought a new position in iShares MSCI ACWI Low Carbon Target ETF during the fourth quarter worth $376,000. EP Wealth Advisors LLC raised its stake in iShares MSCI ACWI Low Carbon Target ETF by 22.9% during the 3rd 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. Finally, Retirement Income Solutions Inc bought a new stake in iShares MSCI ACWI Low Carbon Target ETF in the 4th quarter valued at $232,000.

iShares MSCI ACWI Low Carbon Target ETF Stock Performance

NYSEARCA:CRBN opened at $201.12 on Monday. The firm’s 50-day moving average is $197.94 and its 200-day moving average is $195.42. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 20.64 and a beta of 0.95. iShares MSCI ACWI Low Carbon Target ETF has a 52-week low of $169.46 and a 52-week high of $204.30.

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.