Picton Mahoney Asset Management Has $271,000 Position in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA)

Picton Mahoney Asset Management reduced its holdings in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) by 10.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,000 shares of the company’s stock after selling 1,000 shares during the period. Picton Mahoney Asset Management’s holdings in KraneShares California Carbon Allowance Strategy ETF were worth $271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Summit Trail Advisors LLC boosted its position in shares of KraneShares California Carbon Allowance Strategy ETF by 1.7% during the fourth quarter. Summit Trail Advisors LLC now owns 1,365,825 shares of the company’s stock valued at $41,184,000 after buying an additional 23,175 shares during the last quarter. Pekin Hardy Strauss Inc. grew its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 11.9% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 21,335 shares of the company’s stock worth $643,000 after acquiring an additional 2,275 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of KraneShares California Carbon Allowance Strategy ETF in the fourth quarter valued at about $100,000. Riverwater Partners LLC purchased a new position in KraneShares California Carbon Allowance Strategy ETF during the fourth quarter worth about $630,000. Finally, Knightsbridge Asset Management LLC grew its position in KraneShares California Carbon Allowance Strategy ETF by 20.4% in 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 in the last quarter.

KraneShares California Carbon Allowance Strategy ETF Stock Down 0.1 %

KraneShares California Carbon Allowance Strategy ETF stock opened at $28.81 on Friday. The stock has a market cap of $265.05 million, a P/E ratio of 19.78 and a beta of 0.23. The company’s 50 day moving average price is $28.85 and its two-hundred day moving average price is $29.85. KraneShares California Carbon Allowance Strategy ETF has a 52 week low of $24.11 and a 52 week high of $31.52.

KraneShares California Carbon Allowance Strategy ETF Company 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.