Clg LLC Sells 113,439 Shares of KraneShares Hedgeye Hedged Equity Index ETF $KSPY

Clg LLC decreased its position in shares of KraneShares Hedgeye Hedged Equity Index ETF (NYSEARCA:KSPY) by 50.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,454 shares of the company’s stock after selling 113,439 shares during the period. KraneShares Hedgeye Hedged Equity Index ETF comprises 0.9% of Clg LLC’s holdings, making the stock its 28th largest holding. Clg LLC owned approximately 0.09% of KraneShares Hedgeye Hedged Equity Index ETF worth $3,157,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Stratos Wealth Advisors LLC bought a new stake in shares of KraneShares Hedgeye Hedged Equity Index ETF during the 3rd quarter valued at approximately $214,000. Jane Street Group LLC bought a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF during the second quarter valued at $362,000. Sound Financial Strategies Group LLC bought a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF during the third quarter valued at $2,535,000. Envestnet Asset Management Inc. lifted its holdings in shares of KraneShares Hedgeye Hedged Equity Index ETF by 246.7% during the second quarter. Envestnet Asset Management Inc. now owns 140,650 shares of the company’s stock worth $3,739,000 after purchasing an additional 100,077 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of KraneShares Hedgeye Hedged Equity Index ETF by 244.8% during the second quarter. Cetera Investment Advisers now owns 140,950 shares of the company’s stock worth $3,747,000 after purchasing an additional 100,077 shares during the period.

KraneShares Hedgeye Hedged Equity Index ETF Stock Down 0.5%

Shares of KraneShares Hedgeye Hedged Equity Index ETF stock opened at $27.45 on Friday. The stock has a market cap of $52.16 million, a price-to-earnings ratio of 24.69 and a beta of 0.50. KraneShares Hedgeye Hedged Equity Index ETF has a twelve month low of $22.94 and a twelve month high of $29.24. The company’s fifty day moving average is $27.88 and its 200 day moving average is $28.23.

KraneShares Hedgeye Hedged Equity Index ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were issued a dividend of $1.6921 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 614.0%.

About KraneShares Hedgeye Hedged Equity Index ETF

The KraneShares Hedgeye Hedged Equity Index ETF (KSPY) is an exchange-traded fund that is based on the Hedgeye Hedged Equity index. The fund tracks an index the provides exposure to the S&P 500, with the objective of reducing volatility and dynamically hedging downside risk. The underlying portfolio holds ETFs with exposure to the S&P 500 Index, a fund-of-funds, and weekly Index options KSPY was launched on Jul 16, 2024 and is issued by KraneShares.