KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Shares Up 1.6% – Here’s What Happened

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) shares shot up 1.6% during trading on Tuesday . The company traded as high as $26.34 and last traded at $26.34. 5,960 shares were traded during trading, an increase of 167% from the average session volume of 2,229 shares. The stock had previously closed at $25.92.

KraneShares European Carbon Allowance Strategy ETF Trading Up 1.6%

The business has a fifty day moving average price of $24.17 and a 200 day moving average price of $22.98.

Institutional Inflows and Outflows

An institutional investor recently raised its position in KraneShares European Carbon Allowance Strategy ETF stock. Flow Traders U.S. LLC increased its position in shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 80.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,367 shares of the company’s stock after acquiring an additional 9,065 shares during the period. Flow Traders U.S. LLC owned approximately 6.79% of KraneShares European Carbon Allowance Strategy ETF worth $429,000 at the end of the most recent quarter.

KraneShares European Carbon Allowance Strategy ETF Company Profile

The KraneShares European Carbon Allowance Strategy ETF (KEUA) is an exchange-traded fund that is based on the IHS Markit Carbon EUA index. The fund tracks a liquidity-weighted EUA carbon credit futures index. KEUA was launched on Oct 5, 2021 and is managed by KraneShares.