KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) Stake Cut by Picton Mahoney Asset Management

Picton Mahoney Asset Management decreased its holdings in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) by 48.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,300 shares of the company’s stock after selling 1,200 shares during the period. Picton Mahoney Asset Management’s holdings in KraneShares California Carbon Allowance Strategy ETF were worth $29,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Sharp Financial Services LLC bought a new stake in shares of KraneShares California Carbon Allowance Strategy ETF in the 2nd quarter worth approximately $309,000. Clarity Capital Partners LLC boosted its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 22.3% during the first quarter. Clarity Capital Partners LLC now owns 34,728 shares of the company’s stock valued at $995,000 after acquiring an additional 6,331 shares during the period. Clayton Partners LLC grew its position in shares of KraneShares California Carbon Allowance Strategy ETF by 14.8% during the fourth quarter. Clayton Partners LLC now owns 39,066 shares of the company’s stock worth $1,178,000 after acquiring an additional 5,041 shares during the last quarter. Jordan Park Group LLC increased its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 0.5% in the 4th quarter. Jordan Park Group LLC now owns 4,416,825 shares of the company’s stock worth $133,183,000 after acquiring an additional 21,490 shares during the period. Finally, Summit Trail Advisors LLC lifted its position in KraneShares California Carbon Allowance Strategy ETF by 1.7% in the 4th quarter. Summit Trail Advisors LLC now owns 1,365,825 shares of the company’s stock valued at $41,184,000 after purchasing an additional 23,175 shares during the last quarter.

KraneShares California Carbon Allowance Strategy ETF Stock Up 1.3 %

KraneShares California Carbon Allowance Strategy ETF stock opened at $20.88 on Monday. The firm has a 50-day moving average price of $21.02 and a two-hundred day moving average price of $25.98. KraneShares California Carbon Allowance Strategy ETF has a 52-week low of $18.13 and a 52-week high of $31.52. The firm has a market capitalization of $190.01 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.