KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA – Get Free Report) fell 0.1% during trading on Monday . The company traded as low as $17.18 and last traded at $17.22. Approximately 10,146 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 35,453 shares. The stock had previously closed at $17.23.
KraneShares California Carbon Allowance Strategy ETF Stock Down 0.1%
The company has a market cap of $116.23 million, a price-to-earnings ratio of 10.81 and a beta of 0.19. The firm has a 50 day moving average price of $16.99 and a two-hundred day moving average price of $15.84.
Institutional Trading of KraneShares California Carbon Allowance Strategy ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Wealth LLC acquired a new stake in KraneShares California Carbon Allowance Strategy ETF in the fourth quarter valued at approximately $3,698,000. Susquehanna International Group LLP acquired a new position in shares of KraneShares California Carbon Allowance Strategy ETF during the third quarter worth approximately $576,000. Picton Mahoney Asset Management raised its position in shares of KraneShares California Carbon Allowance Strategy ETF by 94.9% during the fourth quarter. Picton Mahoney Asset Management now owns 53,200 shares of the company’s stock worth $896,000 after purchasing an additional 25,900 shares during the period. Flow Traders U.S. LLC bought a new position in shares of KraneShares California Carbon Allowance Strategy ETF in the 2nd quarter worth $400,000. Finally, Flatrock Wealth Partners LLC bought a new position in shares of KraneShares California Carbon Allowance Strategy ETF in the 1st quarter worth $238,000.
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.
Recommended Stories
- Five stocks we like better than KraneShares California Carbon Allowance Strategy ETF
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for KraneShares California Carbon Allowance Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares California Carbon Allowance Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
