KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN – Get Free Report)’s stock price dropped 0.2% during trading on Tuesday . The company traded as low as $34.01 and last traded at $34.74. Approximately 6,381 shares traded hands during trading, a decline of 74% from the average session volume of 24,658 shares. The stock had previously closed at $34.80.
KraneShares Global Carbon Strategy ETF Stock Down 0.2%
The company’s 50 day simple moving average is $33.94 and its two-hundred day simple moving average is $31.96.
Institutional Trading of KraneShares Global Carbon Strategy ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in KraneShares Global Carbon Strategy ETF during the 4th quarter valued at about $34,000. Rockefeller Capital Management L.P. boosted its holdings in KraneShares Global Carbon Strategy ETF by 184.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 976 shares of the company’s stock worth $35,000 after acquiring an additional 633 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in KraneShares Global Carbon Strategy ETF by 9.6% in the first quarter. Wealthfront Advisers LLC now owns 8,962 shares of the company’s stock worth $266,000 after acquiring an additional 786 shares in the last quarter. Csenge Advisory Group purchased a new stake in shares of KraneShares Global Carbon Strategy ETF during the fourth quarter worth about $288,000. Finally, Invested Advisors purchased a new stake in shares of KraneShares Global Carbon Strategy ETF during the second quarter worth about $339,000.
About KraneShares Global Carbon Strategy ETF
The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.
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