JPMorgan Chase & Co. Reduces Stock Holdings in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA)

JPMorgan Chase & Co. decreased its stake in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) by 79.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,467 shares of the company’s stock after selling 5,680 shares during the period. JPMorgan Chase & Co.’s holdings in KraneShares California Carbon Allowance Strategy ETF were worth $32,000 as of its most recent SEC filing.

Separately, Summit Trail Advisors LLC lifted its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 48.1% during the third quarter. Summit Trail Advisors LLC now owns 1,555,928 shares of the company’s stock valued at $33,546,000 after purchasing an additional 505,106 shares during the last quarter.

KraneShares California Carbon Allowance Strategy ETF Trading Up 0.1 %

Shares of NYSEARCA:KCCA opened at $16.57 on Wednesday. The stock has a fifty day simple moving average of $18.81 and a two-hundred day simple moving average of $20.31. KraneShares California Carbon Allowance Strategy ETF has a 12-month low of $16.15 and a 12-month high of $31.52. The stock has a market capitalization of $150.79 million, a price-to-earnings ratio of 19.94 and a beta of 0.23.

KraneShares California Carbon Allowance Strategy ETF 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.