KraneShares Global Carbon Offset Strategy ETF (NYSEARCA:KSET) Shares Down 2.7%

KraneShares Global Carbon Offset Strategy ETF (NYSEARCA:KSET)’s stock price traded down 2.7% during mid-day trading on Tuesday . The stock traded as low as $1.25 and last traded at $1.25. 13,108 shares traded hands during mid-day trading, an increase of 94% from the average session volume of 6,772 shares. The stock had previously closed at $1.29.

KraneShares Global Carbon Offset Strategy ETF Price Performance

The firm’s 50-day moving average is $2.13 and its 200-day moving average is $2.60.

Institutional Trading of KraneShares Global Carbon Offset Strategy ETF

Several hedge funds have recently added to or reduced their stakes in the business. Geometric Wealth Advisors bought a new position in shares of KraneShares Global Carbon Offset Strategy ETF during the second quarter valued at about $61,000. Jane Street Group LLC raised its stake in shares of KraneShares Global Carbon Offset Strategy ETF by 6.0% during the third quarter. Jane Street Group LLC now owns 349,280 shares of the company’s stock valued at $6,521,000 after acquiring an additional 19,741 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of KraneShares Global Carbon Offset Strategy ETF during the second quarter valued at about $776,000.

KraneShares Global Carbon Offset Strategy ETF Company Profile

The KraneShares Global Carbon Offset Strategy ETF (KSET) is an exchange-traded fund that mostly invests in carbon credits commodities. The fund is passively managed to primarily hold futures contracts on voluntary carbon offset credits. The fund invests in GEOs and N-GEOs that mature in the next two years KSET was launched on Apr 27, 2022 and is managed by KraneShares.