KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA – Get Free Report)’s stock price fell 1.5% during mid-day trading on Thursday . The stock traded as low as $17.09 and last traded at $17.14. Approximately 11,952 shares traded hands during trading, a decline of 70% from the average daily volume of 39,587 shares. The stock had previously closed at $17.40.
KraneShares California Carbon Allowance Strategy ETF Price Performance
The firm has a 50 day moving average of $16.48 and a two-hundred day moving average of $15.78. The stock has a market cap of $117.55 million, a PE ratio of 10.81 and a beta of 0.19.
Hedge Funds Weigh In On KraneShares California Carbon Allowance Strategy ETF
Several institutional investors have recently made changes to their positions in KCCA. Sankala Group LLC bought a new stake in shares of KraneShares California Carbon Allowance Strategy ETF in the 4th quarter worth approximately $118,000. Flatrock Wealth Partners LLC bought a new position in KraneShares California Carbon Allowance Strategy ETF during the 1st quarter worth $238,000. Biltmore Family Office LLC grew its stake in KraneShares California Carbon Allowance Strategy ETF by 11.4% during the 4th quarter. Biltmore Family Office LLC now owns 18,043 shares of the company’s stock worth $303,000 after buying an additional 1,846 shares during the last quarter. Sharp Wealth Advisory LLC increased its position in KraneShares California Carbon Allowance Strategy ETF by 13.8% in the first quarter. Sharp Wealth Advisory LLC now owns 18,315 shares of the company’s stock worth $271,000 after buying an additional 2,224 shares during the period. Finally, Maltin Wealth Management Inc. lifted its stake in KraneShares California Carbon Allowance Strategy ETF by 26.9% in the first quarter. Maltin Wealth Management Inc. now owns 21,684 shares of the company’s stock valued at $321,000 after buying an additional 4,600 shares during the last quarter.
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.
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