JPMorgan Chase & Co. Lowers Position in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

JPMorgan Chase & Co. lessened its stake in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 4.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,064 shares of the company’s stock after selling 878 shares during the period. JPMorgan Chase & Co. owned about 0.19% of KraneShares Global Carbon Strategy ETF worth $572,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of KRBN. Virtu Financial LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at approximately $237,000. Creekside Partners purchased a new position in shares of KraneShares Global Carbon Strategy ETF during the 2nd quarter valued at approximately $350,000. Private Advisor Group LLC lifted its position in shares of KraneShares Global Carbon Strategy ETF by 7.6% during the 3rd quarter. Private Advisor Group LLC now owns 20,992 shares of the company’s stock valued at $665,000 after buying an additional 1,476 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at approximately $2,888,000. Finally, Bank of Montreal Can lifted its position in shares of KraneShares Global Carbon Strategy ETF by 4,376.2% during the 3rd quarter. Bank of Montreal Can now owns 129,630 shares of the company’s stock valued at $4,135,000 after buying an additional 126,734 shares in the last quarter.

KraneShares Global Carbon Strategy ETF Trading Down 3.0 %

Shares of NYSEARCA:KRBN opened at $29.57 on Tuesday. KraneShares Global Carbon Strategy ETF has a 1 year low of $26.95 and a 1 year high of $35.88. The business’s 50 day moving average price is $29.72 and its 200-day moving average price is $31.21.

About KraneShares Global Carbon Strategy ETF

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.