KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) Shares Down 1.4% – Should You Sell?

KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCAGet Free Report) fell 1.4% on Wednesday . The stock traded as low as $16.31 and last traded at $16.37. 22,065 shares were traded during mid-day trading, a decline of 74% from the average session volume of 85,338 shares. The stock had previously closed at $16.61.

KraneShares California Carbon Allowance Strategy ETF Stock Down 1.4 %

The company has a market cap of $106.90 million, a PE ratio of 11.99 and a beta of 0.06. The business’s 50 day moving average price is $16.83 and its 200-day moving average price is $19.34.

Institutional Trading of KraneShares California Carbon Allowance Strategy ETF

A number of hedge funds have recently made changes to their positions in the stock. Quantinno Capital Management LP acquired a new position in KraneShares California Carbon Allowance Strategy ETF in the fourth quarter valued at approximately $232,000. Biltmore Family Office LLC bought a new position in KraneShares California Carbon Allowance Strategy ETF during the 4th quarter worth $282,000. Hollencrest Capital Management bought a new position in KraneShares California Carbon Allowance Strategy ETF during the 4th quarter worth $490,000. Jane Street Group LLC acquired a new stake in KraneShares California Carbon Allowance Strategy ETF in the fourth quarter worth $908,000. Finally, Bienville Capital Management LLC lifted its stake in KraneShares California Carbon Allowance Strategy ETF by 308.5% in the fourth quarter. Bienville Capital Management LLC now owns 131,127 shares of the company’s stock valued at $2,573,000 after buying an additional 99,027 shares during the last quarter.

About KraneShares California Carbon Allowance Strategy ETF

(Get Free Report)

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.

Read More

Receive News & Ratings for KraneShares California Carbon Allowance Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares California Carbon Allowance Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.