Fielder Capital Group LLC Buys New Shares in KraneShares California Carbon Allowance Strategy ETF $KCCA

Fielder Capital Group LLC purchased a new position in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) during the third quarter, HoldingsChannel reports. The institutional investor purchased 502,146 shares of the company’s stock, valued at approximately $8,572,000. KraneShares California Carbon Allowance Strategy ETF makes up about 2.0% of Fielder Capital Group LLC’s holdings, making the stock its 17th largest holding. Fielder Capital Group LLC owned approximately 0.07% of KraneShares California Carbon Allowance Strategy ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Permanent Capital Management LP purchased a new position in shares of KraneShares California Carbon Allowance Strategy ETF during the 3rd quarter worth about $3,060,000. Sharp Financial Services LLC grew its holdings in KraneShares California Carbon Allowance Strategy ETF by 40.3% in the second quarter. Sharp Financial Services LLC now owns 16,472 shares of the company’s stock valued at $256,000 after purchasing an additional 4,732 shares during the period. Black Maple Capital Management LP acquired a new position in KraneShares California Carbon Allowance Strategy ETF during the second quarter worth approximately $1,215,000. Maltin Wealth Management Inc. increased its position in KraneShares California Carbon Allowance Strategy ETF by 40.7% during the second quarter. Maltin Wealth Management Inc. now owns 16,600 shares of the company’s stock worth $258,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in KraneShares California Carbon Allowance Strategy ETF during the second quarter worth approximately $400,000.

KraneShares California Carbon Allowance Strategy ETF Stock Up 0.1%

Shares of NYSEARCA KCCA opened at $15.30 on Friday. The stock has a market capitalization of $105.57 million, a PE ratio of 10.81 and a beta of 0.18. The firm has a fifty day moving average of $16.40 and a 200-day moving average of $16.57. KraneShares California Carbon Allowance Strategy ETF has a 52-week low of $13.61 and a 52-week high of $18.16.

KraneShares California Carbon Allowance Strategy ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were paid a $0.4832 dividend. This represents a $1.93 annualized dividend and a dividend yield of 12.6%. The ex-dividend date of this dividend was Monday, December 22nd.

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.