Jane Street Group LLC Invests $908,000 in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA)

Jane Street Group LLC acquired a new position in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 46,282 shares of the company’s stock, valued at approximately $908,000. Jane Street Group LLC owned approximately 0.51% of KraneShares California Carbon Allowance Strategy ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in KCCA. Biltmore Family Office LLC bought a new stake in KraneShares California Carbon Allowance Strategy ETF in the 4th quarter valued at $282,000. Hollencrest Capital Management bought a new stake in KraneShares California Carbon Allowance Strategy ETF in the 4th quarter valued at $490,000. Finally, Permanent Capital Management LP bought a new stake in KraneShares California Carbon Allowance Strategy ETF in the 4th quarter valued at $3,496,000.

KraneShares California Carbon Allowance Strategy ETF Trading Up 0.3%

KCCA opened at $14.90 on Friday. KraneShares California Carbon Allowance Strategy ETF has a 1-year low of $13.61 and a 1-year high of $29.51. The stock’s fifty day simple moving average is $15.45 and its 200 day simple moving average is $17.51. The stock has a market cap of $94.32 million, a PE ratio of 10.59 and a beta of 0.09.

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.