Summit Trail Advisors LLC increased its position in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA – Free Report) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,365,825 shares of the company’s stock after buying an additional 23,175 shares during the period. KraneShares California Carbon Allowance Strategy ETF accounts for about 1.4% of Summit Trail Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Summit Trail Advisors LLC owned approximately 0.15% of KraneShares California Carbon Allowance Strategy ETF worth $41,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. Knightsbridge Asset Management LLC increased its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 20.4% during the 3rd quarter. Knightsbridge Asset Management LLC now owns 484,286 shares of the company’s stock worth $13,786,000 after purchasing an additional 81,974 shares during the period. Pekin Hardy Strauss Inc. increased its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 11.9% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 21,335 shares of the company’s stock worth $643,000 after purchasing an additional 2,275 shares during the period. Riverwater Partners LLC bought a new position in shares of KraneShares California Carbon Allowance Strategy ETF during the 4th quarter worth about $630,000. Palo Alto Wealth Advisors LLC bought a new position in shares of KraneShares California Carbon Allowance Strategy ETF during the 3rd quarter worth about $361,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of KraneShares California Carbon Allowance Strategy ETF during the 4th quarter valued at about $100,000.
KraneShares California Carbon Allowance Strategy ETF Price Performance
Shares of KraneShares California Carbon Allowance Strategy ETF stock traded up $0.01 during trading on Tuesday, hitting $29.03. 4,409 shares of the company’s stock traded hands, compared to its average volume of 54,334. The firm’s fifty day moving average price is $28.93 and its 200 day moving average price is $29.86. KraneShares California Carbon Allowance Strategy ETF has a twelve month low of $24.07 and a twelve month high of $31.52. The company has a market cap of $267.08 million, a PE ratio of 19.78 and a beta of 0.23.
KraneShares California Carbon Allowance Strategy ETF Profile
The KraneShares California Carbon Allowance ETF (KCCA) is an exchange-traded fund that is based on the IHS Markit Carbon CCA index. The fund tracks a liquidity-weighted CCA carbon credit futures index. KCCA was launched on Oct 5, 2021 and is managed by KraneShares.
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Want to see what other hedge funds are holding KCCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA – Free Report).
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