Krane Funds Advisors LLC Sells 503,700 Shares of KraneShares Sustainable Ultra Short Duration Index ETF $KCSH

Krane Funds Advisors LLC cut its stake in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) by 6.3% during the fourth quarter, HoldingsChannel reports. The fund owned 7,553,700 shares of the company’s stock after selling 503,700 shares during the quarter. KraneShares Sustainable Ultra Short Duration Index ETF comprises approximately 6.1% of Krane Funds Advisors LLC’s holdings, making the stock its 7th biggest position. Krane Funds Advisors LLC owned about 0.99% of KraneShares Sustainable Ultra Short Duration Index ETF worth $189,258,000 as of its most recent SEC filing.

KraneShares Sustainable Ultra Short Duration Index ETF Price Performance

NYSEARCA KCSH opened at $25.07 on Monday. KraneShares Sustainable Ultra Short Duration Index ETF has a 1-year low of $25.01 and a 1-year high of $25.26. The firm’s fifty day simple moving average is $25.08 and its 200-day simple moving average is $25.09.

KraneShares Sustainable Ultra Short Duration Index ETF Profile

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.