IFP Advisors Inc Reduces Position in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

IFP Advisors Inc lessened its position in shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN – Get Rating) by 67.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,059 shares of the company’s stock after selling 24,839 shares during the quarter. IFP Advisors Inc owned about 0.07% of KraneShares Global Carbon Strategy ETF worth $259,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in KRBN. HighTower Advisors LLC grew its stake in KraneShares Global Carbon Strategy ETF by 38.8% during the 1st quarter. HighTower Advisors LLC now owns 5,643 shares of the company’s stock worth $263,000 after buying an additional 1,577 shares during the last quarter. Cetera Advisor Networks LLC acquired a new stake in KraneShares Global Carbon Strategy ETF during the 1st quarter worth approximately $317,000. Citigroup Inc. lifted its position in KraneShares Global Carbon Strategy ETF by 538.4% during the 1st quarter. Citigroup Inc. now owns 3,888 shares of the company’s stock worth $181,000 after acquiring an additional 3,279 shares during the period. BlackRock Inc. acquired a new stake in KraneShares Global Carbon Strategy ETF during the 1st quarter worth approximately $3,706,000. Finally, Cibc World Market Inc. lifted its position in KraneShares Global Carbon Strategy ETF by 23.6% during the 1st quarter. Cibc World Market Inc. now owns 99,843 shares of the company’s stock worth $4,659,000 after acquiring an additional 19,091 shares during the period.

KraneShares Global Carbon Strategy ETF Stock Up 1.7 %

KraneShares Global Carbon Strategy ETF stock opened at $39.08 on Thursday. KraneShares Global Carbon Strategy ETF has a twelve month low of $34.64 and a twelve month high of $51.88. The stock has a 50 day moving average of $39.45 and a two-hundred day moving average of $40.51.

KraneShares Global Carbon Strategy ETF Profile

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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.