International Assets Investment Management LLC Invests $100,000 in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA)

International Assets Investment Management LLC purchased a new stake in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,015 shares of the company’s stock, valued at approximately $100,000.

Other large investors have also added to or reduced their stakes in the company. Palo Alto Wealth Advisors LLC purchased a new stake in KraneShares California Carbon Allowance Strategy ETF in the third quarter worth $361,000. Riverwater Partners LLC purchased a new position in shares of KraneShares California Carbon Allowance Strategy ETF during the 4th quarter valued at $630,000. Finally, Knightsbridge Asset Management LLC grew its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 20.4% during the 3rd quarter. Knightsbridge Asset Management LLC now owns 484,286 shares of the company’s stock worth $13,786,000 after acquiring an additional 81,974 shares during the period.

KraneShares California Carbon Allowance Strategy ETF Stock Performance

Shares of KCCA opened at $28.18 on Tuesday. The firm has a market cap of $259.26 million, a P/E ratio of 19.78 and a beta of 0.23. KraneShares California Carbon Allowance Strategy ETF has a fifty-two week low of $24.07 and a fifty-two week high of $31.52. The business has a 50-day moving average of $29.19 and a 200 day moving average of $29.86.

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.