The iPath Series B Carbon ETN, trading under the ticker GRN, is an innovative financial instrument designed for investors seeking exposure to the burgeoning carbon credit market within the energy sector. As global awareness of climate change intensifies, carbon credits have emerged as a pivotal tool for businesses striving to offset their carbon emissions and comply with environmental regulations. This Exchange Traded Note (ETN) offers a unique investment opportunity by tracking the Barclays Global Carbon Index Total Return, which reflects the performance of the most liquid carbon-related credit plans.
GRN stands out in the extended term niche, providing investors with a strategic approach to capitalizing on long-term trends in environmental policy and carbon trading. Its focus on carbon credits distinguishes it from traditional energy ETFs, offering a specialized means to contribute to and benefit from the global transition towards a lower-carbon economy. The fund's structure as an ETN means it is unsecured debt issued by Barclays, adding an extra layer of consideration for investors regarding credit risk, but also offering potential tax advantages.
By investing in GRN, stakeholders are not only positioning themselves at the forefront of sustainable finance but also aligning with global efforts to mitigate climate change. This makes the iPath Series B Carbon ETN an appealing option for environmentally conscious investors looking to diversify their portfolios with a focus on the future of energy and environmental innovation.
iPath Series B Carbon ETN (GRN) Fund Flow Chart
iPath Series B Carbon ETN (GRN) 1 year Net Flows: -9M
GRN ETF FAQ
What was GRN’s price range in the past 12 months?
GRN lowest ETF price was 20.50 and its highest was 32.88 in the past 12 months.
What is the AUM of GRN?
As of Feb 20, 2025 The AUM of GRN is 22.51M.
Is GRN overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does GRN pay dividends?
GRN does not currently pay dividends.
How many shares outstanding does GRN have?
GRN has 778,934 shares outstanding.
Which hedge fund is a major shareholder of GRN?
Currently, no hedge funds are holding shares in GRN