KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Stock Price Up 1.1% – Here’s Why

Shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) rose 1.1% during trading on Wednesday . The company traded as high as $26.51 and last traded at $26.51. Approximately 1,006 shares were traded during trading, a decline of 53% from the average daily volume of 2,132 shares. The stock had previously closed at $26.22.

KraneShares European Carbon Allowance Strategy ETF Trading Up 1.1%

The business’s 50 day moving average is $24.91 and its 200 day moving average is $23.44.

Institutional Investors Weigh In On KraneShares European Carbon Allowance Strategy ETF

An institutional investor recently raised its position in KraneShares European Carbon Allowance Strategy ETF stock. Flow Traders U.S. LLC grew its holdings in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 80.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,367 shares of the company’s stock after purchasing an additional 9,065 shares during the quarter. 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 reporting period.

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.