38,857 Shares in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) Purchased by Bank of Montreal Can

Bank of Montreal Can purchased a new position in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 38,857 shares of the company’s stock, valued at approximately $1,010,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Picton Mahoney Asset Management boosted its position in KraneShares California Carbon Allowance Strategy ETF by 22.3% during the 1st quarter. Picton Mahoney Asset Management now owns 13,700 shares of the company’s stock worth $327,000 after acquiring an additional 2,500 shares during the period. U S Global Investors Inc. acquired a new stake in KraneShares California Carbon Allowance Strategy ETF during the 1st quarter worth about $48,000. Morgan Stanley boosted its position in KraneShares California Carbon Allowance Strategy ETF by 0.4% during the 4th quarter. Morgan Stanley now owns 247,449 shares of the company’s stock worth $5,748,000 after acquiring an additional 979 shares during the period. Jane Street Group LLC boosted its position in KraneShares California Carbon Allowance Strategy ETF by 156.8% during the 4th quarter. Jane Street Group LLC now owns 188,753 shares of the company’s stock worth $4,385,000 after acquiring an additional 115,240 shares during the period. Finally, Clayton Partners LLC acquired a new stake in KraneShares California Carbon Allowance Strategy ETF during the 1st quarter worth about $794,000.

KraneShares California Carbon Allowance Strategy ETF Price Performance

Shares of KraneShares California Carbon Allowance Strategy ETF stock opened at $29.88 on Monday. The firm has a market cap of $274.90 million, a price-to-earnings ratio of 15.23 and a beta of 0.18. KraneShares California Carbon Allowance Strategy ETF has a 52-week low of $21.15 and a 52-week high of $30.23. The stock has a 50-day simple moving average of $28.91 and a 200-day simple moving average of $27.06.

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.